Nissin Foods acquires Australian frozen food company ABC Pastry for AU$33.7M, expanding its product range and market presence.

Nissin Foods, based in Hong Kong and Mainland China, has acquired Australian frozen food company ABC Pastry for AU$33.7 million (about US$23.3 million). ABC Pastry is known for its frozen dumplings and this acquisition is part of Nissin's strategy to expand its product range and market presence in Australia. The Australian frozen food market is projected to grow, driven by rising Asian migration and demand for convenient, high-quality meals.

September 27, 2024
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