Japfa

The Indonesian agri-food, poultry manufacturing business group Japfa has entered into an agreement to sell 80% of Greenfields to TPG and Northstar Group for US$ 236 million. Founded in 1997, Greenfields has over 16,000 Holstein and Jersey cows which produce 43.5 million litres of milk per year. The milk is processed into a range of dairy products including fresh milk, yogurts, UHT milk, and premium cheese. The company exports to …

The Singaporean agri-food company Japfa, has announced the sale of 25% stake of AustAsia Investment Holding to the Japan-based group Meiji, for US$ 254.4 million. Dedicated to the production of milk, yoghurt, ice cream and confectionery, Meiji business has been registered a steady expansion due to the growing demand for chilled milk and the rise of health-conscious consumers. AustAsia is a dairy farming business, operating seven farms in China with …