MLBA5: October / November 2008
Updates on...
TGM's sausages – Thai-made, German heritage
Having succeeded in selling its products locally and regionally, Thai Sausage Company, a 40-year-old household brand in the Thai market, is now aggressively looking at selling to the world.
The company started as a small business which produced processed meat products such as sausage, ham and bacon. In 1993, TGM started a join venture with Schaefer Fleischwaren GmbH., under the name Thai German Meat Products (TGM) to produce various types of high-quality sausages under the TGM brand name.
The first country the company wanted to export to was Germany, because it has the most famous sausages in the world, said Wattana Puapattanakajorn, the managing director of TGM. To gain entry, the company worked with Master Butcher, a professional meat company from Germany to ensure that the quality of the sausages produced under TGM brands met those of German imports.
Tyson enters third poultry joint venture in China
As part of its continuing international expansion, Tyson Foods, Inc. has finalised a joint venture agreement with Shandong Xinchang Group, one of China's leading poultry producers with estimated 2009 sales of US$345 million.
Once the deal receives the necessary government approvals, it will give Tyson 60-percent ownership in Xinchang's existing assets and will include the acquisition of a new poultry processing complex in the province.
Schering-Plough and Pfizer deal gets the nod
The European Commission has cleared Pfizer's proposed acquisition of certain animal health assets of Schering-Plough after examining the acquisition and concluding that the proposed transaction would not significantly impede competition in the European Economic Area (EEA).
Pfizer is a global healthcare company, active in human and animal health products. The Schering-Plough (SP Assets) comprises a broad range of products for both companion and farm animals including various vaccines. Schering-Plough is pursuing the sale of these assets following commitments it made in the acquisition of Organon BS.
 
CP Group's Vietnam business to invest in shrimp farm
Thailand's Charoen Pokphand Group's CP Vietnam Livestock Company will invest about US$6-9 million for the construction of a white-leg shrimp breeding farm.
The 136-hectare farm will be located in Phong Dien district, central Thua Thien-Hue province of Vietnam. The farm is expected to create 120 jobs.
CP Vietnam Livestock Company is a wholly Thai-invested business and is based in southern Dong Nai province. It has opened branches in six Vietnamese provinces.
Brazil's Biorigin buys Immunocorp Animal Health
Norwegian pharmaceuticals developer Biotec Pharmacon ASA announced recently it has agreed to sell subsidiary, Immunocorp Animal Health AS, to the Brazilian company Biorigin for NOK37.5 million.
Immunocorp Animal Health sells non-pharmacological animal and fish feed ingredients for stimulating the immune system. The company has seven employees and reported sales of NOK14.1 million (EUR 1.78 million) in the first half of 2008.
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