American Lorain acquires majority stake in Athena Group
date:Feb 17, 2014
American Lorain Corporation (American Lorain or the Company), an international processed snack foods, convenience foods, and frozen foods company based in the Shandong Province, China, today announced that it has acquired 51% share capital in Athena Group (Athena), a France based prepared foods manufacturer and distributor with a diversified product portfolio including chestnuts, bean sprouts, as well as a variety of other Asian imported food products, for an aggregate cash consideration of 1,99
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