Paldo Acquires Russian Business Division of Global Sauce Manufacturer 'GB Food'
[Asia Economy Reporter Gong Byung-sun] Paldo has acquired the Russian business division of a global food company.
According to the food industry on the 4th, Paldo, a subsidiary of hy (formerly Korea Yakult), acquired the Russian business division of GB Food, a global sauce manufacturing and sales company. GB Food recorded sales of 36 billion KRW in Russia last year.
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This is the first time Paldo has acquired an overseas company. The acquisition scale is known to be in the hundreds of billions of KRW.
This content was produced with the assistance of AI translation services.
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