By John Smith • Published: 14 Aug 2020 • 12:47
Ta-Tung a name in Asian food Credit: Askthedust CC
TWO Spanish food manufacturers have come to an agreement whereby Pastas Gallo will take over Asian ready-made food producer, Barcelona based Ta-Tung for an undisclosed sum.
Created in 1980, latest annual turnover for Ta-Tung was €15 million and it is expected that the new owners, who are retaining the founder Kav Ly will look to expand the business by producing more meals in the Pastas Gallo kitchens.
New targets for increased expansion will be France and Portugal and food will be based on Chinese, Japanese and Thai cuisine.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
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