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Samyang Corporation concluded an MOU for frozen bakery business with Aryzta (Switzerland) Print
Affiliates Samyang Corp Writer administrator Hits 191 Date 2017.07.05

 

On July 5, Samyang Corporation concluded an MOU with Aryzta (APMEA CEO: Robert O’Boyle), known as the No. 1 frozen bakery manufacturer in Europe, for a strategic partnership and investment in the frozen bakery business at Samyang Discovery Center in Pangyo. The Food Ingredients Retail Division expects the completion of a frozen bakery factory with an annual capacity of 1,600 tons in Incheon Plant 2 in September and is about to launch new products. Samyang Corporation and Aryzta decided to implement a long-term business strategy for making inroads into the Korean and APAC markets.

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