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Asia Pacific: Gelita forms JV in China

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Gelita has formed a joint venture in China with Wenzhou Jiabao, which is based in Wenzhou, Zhejiang Province.

Both parties will invest to develop and strengthen Gelita’s business in China.

The Chinese group focuses on food, consumer and retail opportunities in China.

E. J. McKay acts as the exclusive financial advisor to Gelita in this transaction.