Uni-President Enterprises Corporation (TPE:1216) is a leading food and beverage manufacturer and distributor in Taiwan, commanding more than 45% share of the instant noodle, ready-to-drink tea, and convenience-store markets. To strengthen its China business further, its management has completed sales-channel reforms and successfully launched a number of popular products in the past two years. We see huge potential in the group and expect it to become one of the biggest food conglomerates in the fast-growing Greater China market.
From Value Partners (Trades, Portfolio)’ Classic Fund Q3 2014 Commentary.
