Zoyi Capital has backed Taiwan Farm Industry. The business is a processed meat producer based in Taiwan, with 47 years operating history, offering a wide range of pork products under its own brand.
Zoyi Capital announced today its investment in Taiwan Farm Industry (“TFI”), a leading and well‐known processed meat producer in Taiwan, with 47 years operating history, offering a wide range of pork products under its own brand.
TFI has a strong presence in both the retail and wholesale Taiwanese markets, unlike other brands which focus primarily on retail only, and has developed long-term relationships with a group of distributors that exclusively sell TFI’s meat products to wholesale customers. With its wide range of product offerings, the firm is able to capture fast growing markets including the hypermarket and restaurant chain segments.
Zoyi Capital, which has a long term relationship with Honorary Chairman Chris Chang, has identified a clear growth strategy for TFI, supported by planned new production expansion to address current unmet demand due to capacity limitation. “New capital will be used to build a new factory which will double TFI’s current capacity, allowing the company to capture new business opportunities and realize scale benefits” said Andrew Kuo, Founding Partner and CEO of Zoyi Capital. The new factory will also meet the standards of overseas markets, enabling TFI to strengthen its export business.
“We are excited to have Zoyi Capital on board to help drive the growth of our business, leveraging its network of expertise in brand repositioning, operational efficiency and company management” said Chris Chang.
For more information, please contact:
Andrew Kuo, Founding Partner & CEO of Zoyi Capital
Telephone: + 886 2 7707 9286
Chris Chang, Honorary Chairman of Taiwan Farm Industry
Telephone: +886 2 2325 3511
About Taiwan Farm Industry
Established in 1967, Taiwan Farm Industry is a leading processed meat producer in Taiwan offering a wide range of low and high temperature processed pork products and chilled/frozen raw pork products under its own brand. Headquartered in Taipei, the company also has a factory in Pingtung and three branch offices in Taipei, Taichung and Kaohsiung.
About Zoyi Capital
Zoyi Capital is a Greater China focused fund, investing in segment-leading mid-cap companies with a proven history in the China and Taiwan markets. Zoyi Capital targets proprietarily sourced investments with a preference for buyout or significant minority positions and an emphasis on providing value-add support. The Zoyi Capital team has a long and successful track record in Greater China and is highly respected in the local business community. The Founding Partners of Zoyi Capital are Andrew Kuo, previously Vice Chairman of Blackstone Greater China, Pei-Pei Yu, previously Managing Director of Goldman Sachs PIA Asia and Eric Chen, previously President of North Asia and Greater China at Fullerton Financial, a subsidiary of Temasek.