Freedom Foods Group
(ASX:FNP) has formed a strategic partnership with Seamild Group in China.
Seamild is China’s leading oat based cereal food brand owner and manufacturer, which sources its oats from Western Australia.
The companies will expand the marketing and distribution of Freedom Foods products in China.
Both companies will also expand Seamild’s oat based cereal product range, sourced from Australia.
The cereals, oat clusters and snacks will then be launched in China in the second half of the 2017 calendar year.
Freedom Foods Group posted a net profit of $50.63 million at 30 June 2016
