Korea Flour Mills

Sajo Group, a South Korean processed seafood manufacturer, has agreed to acquire a 85% stake in Korea Flour Mills, the holding company of DongA One Group, for 100 billion won ($82 million), according to a report in the Korea Times. DongA One Group produces a range of flour products for retail and foodservice channels, and is also active in the animal feed sector. A spokesman for Sajo said: “We expect …