CP Foods buys majority stake in UK foodservice supplier Foodfellas

Thai food giant Charoen Pokphand Foods has bought a majority stake in UK foodservice supplier Foodfellas. The deal, worth GBP12.3m (US$15.1m), has been struck through the company’s CP Foods UK arm. Charoen Pokphand Foods has acquired a 60% stake in Foodfellas, a business that imports and distributes food including meat, bread, potatoes and avocados to more than 160 customers in the UK…READ MORE