Dongwon Group acquires African cannery

By

SeafoodSource staff

Published on
November 17, 2011

Dongwon Group, a top-tier conglomerate in the food and the financial sectors, plans to invest USD 21 million into Senegal to buy a cannery.

The Seoul-based group signed an investment deal Friday with its Senegalese counterpart to take over SNCDS, one of the leading canneries in the African country.

Dongwon Group Chairman Kim Jae-chul participated in the signing event along with Senegal’s Minister of Maritime Economy Khouraichi Thiam, SNCDS Chief Executive Ousseynou Ndiaye and Presidential secretary Abdoulaye Kamara.

Click here to read the rest of the story in the Korean Times > 

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