Betagro Plc, one of Thailand’s leading integrated agricultural businesses, today announced that it has formed a joint venture with Itoham Foods Inc of Japan and Ajinomoto (Thailand) Co., Ltd. to manufacture processed meat products mainly for export.
The new company, “Itoham Betagro Foods Company Limited”, has been established with an initial registered capital of 172 million baht, with Betagro holding 40 percent of the stake in the company, Itoham Foods Inc 40 percent, Ajinomoto Thailand 15 percent and Itoham’s subsidiary Hoei & Co 5 percent.
The construction of the company’s plant has been …