Kotabiotech Co., Ltd. officially enters the domestic livestock feed market after signing an MOU for feed supply with the leading Thai company CPF. From left to right are CPF's Kittiya, Kotabiotech's Chairman Lee Jae-Sool, Executive Director Laet Hataisatayaphong, and Thai SPF representative Somboon. /Courtesy of Kotabiotech

Kotabiotech announced on the 30th that it signed a memorandum of understanding (MOU) with Thailand's leading corporation Charoen Pokphand Foods (CPF) on the 27th for the import of livestock feed.

At the MOU signing ceremony, executives from Kotabiotech and CPF attended. Thai SPF.Co.Lte, Huron, and the Korea M&A Association also attended to congratulate the MOU.

Through this agreement, Kotabiotech will become the first to import CPF's feed into Korea. CPF is a core subsidiary of the CP Group, the number one multinational corporation in Thailand, and is a global corporation spanning the feed, breeding, livestock, and food institutional sectors.

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