🍀Sojitz Joins Three Wheat-Related Businesses in the Philippines
– Building a Wheat Value Chain through Flour Production, Flour Sales, and Packaged Breads –
Mar. 22, 2018
Sojitz Corporation
Sojitz Corporation has announced its participation in three businesses in the Philippines—a flour production business, a business selling flour and other food ingredients, and a business producing and selling packaged breads.Interflour Group Pte. Ltd. (Head office: Singapore; Managing Director: Avi Fintz), Southeast Asia’s leading milling company, recently established a milling subsidiary in the Philippines called Mabuhay Interflour Mill Inc. (“MI”; Head office: Subic Bay Freeport Zone). Sojitz has now acquired 25% of MI’s issued stock, thereby joining this flour production business. With MI, Sojitz aims to lead the Philippines’ flour market by providing high-quality flour utilizing Interflour Group’s superior wheat procurement and technological capabilities.