IHC WILL USE BRITISH PURCHASE TO STRENGTHEN INDIAN MARKET POSITION AND COULD LAUNCH FUTURE EUROPE SALES
April 1st, 2012
BY RAGHAVENDRA VERMA, IN NEW DELHI
INDIA Hospitality Corp (IHC) has told just-food that its purchase of UK convenience food producer Adelie Food Holdings for USD350 million is part of a planned further expansion across the European food market. A company spokesman said the company was "open to evaluate opportunities across UK/Europe with strategic importance". Meanwhile, a New Delhi-based industry specialist who follows the company closely told just-food that within next few months IHC will be announcing another accusation in Europe. Meanwhile, IHC ...
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