Alfa Laval Group has acquired a majority stake in a leading Chinese fluid handling company as it seeks to capitalise on growth in the country’s flourishing food processing industry.
The enormous growth rate in China's packaged and processed food and
beverage markets is fuelling the interest that has led to the
ProPak China show in Shanghai.
New Dragon Asia, the Hong Kong based food processor, has reported a
5 per cent increase in profits and a 7 per cent decrease in total
sales for its first quarter of 2002.
