Vietnam’s Masan invests more in meat businesses
Vietnam’s consumer giant Masan Group Corporation is now shifting its focus to the meat sector that reportedly made up 46 percent of its revenue in 2015. The group’s subsidiary Masan Nutri-Science has bought the remaining 30 percent stake in animal feed company Anco, and increased its ownership in meat producer Vissan to 24.9 percent from 14 percent. Established in April 2015, MNS also controls more than 75 percent of Proconco, another major animal feed producer in Vietnam.
