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Kiwi producer Delegats bets on China

21.10.2011 - Vinexpo news selection

Hampered by a strong New Zealand dollar, the kiwi producer Delegats, whose assets include the Oyster Bay brand, has decided to reduce its exports to UK, where margins are decreasing and redeploy in Asia. Having already opened an office in Hong Kong this year, as well as in Singapore, Delegats has announced its intention to set up a company in continental China in a year’s time. (V&S News – 20 October 2011)

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