CJ CheilJedang Integrates Schwan's with CJ Food USA to Maximize Synergy

[Asia Economy Reporter Gong Byung-sun] CJ CheilJedang announced on the 17th that it has fully incorporated its subsidiary Schwan's into a wholly owned subsidiary through a stock exchange with CJ Food USA.

CJ CheilJedang stated that it expects to maximize synergy effects and increase management efficiency through the integration of Schwan's and CJ Food USA.