ADELAIDE-based food exporter Beston Global Food Company has formed a joint venture with Hong Kong’s Sunwah Group to distribute its food into Hong Kong, Macau and southern China.
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BFC chair Roger Sexton said the new arrangement “filled a gap” in the country’s Asian distribution platform.
"We are strong in China and the ASEAN region with our own on-the-ground marketing and distribution teams, but we lacked a direct presence in Hong Kong and Macau," he said.
Sunwah is one of the largest importers and distributors of food stuffs in Hong Kong and Macau and has a long-standing specialisation in seafood products in the region.
Sunwah also owns and operates restaurants in Hong Kong and the People's Republic of China, including the Nishimura Japanese Restaurant chain.
BFC has significant interests in dairy and seafood, with shares in Ferguson Australia and Mori Seafood, as well as milk processing factories at Murray Bridge and Jervois.
