Food
1 min read
Nestle takes full control of Chinese confectioner Hsu Fu Chi
Nestle has acquired the remaining 40 per cent ownership in Chinese confectionery company Hsu Fu Chi for an undisclosed sum, after purchasing 60 per cent in 2011. Hsu Fu Chi, founded in 1992 by the Hsu family, is a well-known confectionery brand in China.…