ABF Food

1.1 Associated British Foods Group is...
Associated British Foods Group is a diversified multinational food group with global sales exceeding £9.3 billion and more than 96,000 employees across 44 countries, operating in food, additives, and clothing retail. The ABF Group owns numerous well-known food brands, a comprehensive range of food additives, rich personal care and pharmaceutical products, and clothing retail outlets, and is one of the largest food enterprises in Europe.
Associated British Foods can be divided into four business segments based on business types: grocery, sugar and agriculture, food additives, and clothing retail. The group sells worldwide, covering Europe, the United States, China, Southeast Asia, and Australia.

1.2 Twinings and Ovaltine in China
Associated British Foods has been investing in China since 1995, and has established more than 30 companies, factories, and offices in China to date, with total investment exceeding RMB 5 billion.

Shanghai ABF Food & Beverage Co., Ltd.
In 2002, Associated British Foods increased its investment in China and established Shanghai ABF Food & Beverage Co., Ltd. Its predecessor was Shanghai Novartis Nutrition Food Co., Ltd., established in 1993, which was a Sino-foreign cooperative joint venture between Novartis Consumer Health Division (Switzerland) and Shanghai Maling Zhengguanghe Group. At the end of 2002, Associated British Foods acquired the equity and brands of Novartis (Switzerland). In December 2008, Shanghai ABF Food & Beverage Co., Ltd. became a wholly owned subsidiary of Associated British Foods Group, with an investment of over USD 30 million.
The company primarily produces and sells Ovaltine, Jizhi beans, Fu brand Lacovo, Fu brand malted milk, and Chaomai brand malt extract products for domestic and international industrial markets. The main production equipment, including the complete automatic sets for malt beverage and malt extract production lines, was imported from Switzerland and Germany, and the company employs over 200 staff.