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China feed giant Tongwei inks $200m deal for smaller rival

Chinese feed giant Tongwei has acquired Ningbo-based feed company Tech-Bank Food for CNY 1.27 billion as part of its expansion plans

By Lewis Hu | Oct. 29, 2021 09:41 BST
Tongwei's "fishery and PV integration" project in Jiangsu Province. Credit: Tongwei
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Chinese feed giant Tongwei has acquired rival feed company Tech-Bank Food for CNY 1.27 billion ($198.7 million) as part of its expansion plans. [...]

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