Zoyi’s premium pork play
Nearly a decade ago, in his former career as an investment banker with J.P. Morgan, Andrew Kuo worked on the deal that saw CDH Investments and Goldman Sachs back Chinese pork producer Shuanghui International. Now known as WH Group, the company has grown organically and inorganically – it acquired US-based Smithfield Foods last year – into the largest pork player in the world. A Hong Kong IPO is in the works.
Kuo, meanwhile, has reentered the pork space as an investor in his own right, but the strategy is niche market rather than mass market. Zoyi Capital, the PE firm Kuo set up last year after leaving his...
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