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Amoy Food

From Alfawiki
Amoy Food Limited
Company typePrivate
IndustryFood manufacturing
Founded1928 in Hong Kong
Headquarters
Hong Kong
,
Hong Kong
Area served
Worldwide
ProductsCooking sauces, condiments, frozen meals, instant meals
OwnerCITIC Capital (subsidiary of CITIC Group)
ParentCITIC Group

Amoy Food Limited is a manufacturer headquartered in Hong Kong specializing in cooking sauces and condiments. Over time, its offerings have broadened to encompass frozen and instant meals suitable for microwave preparation, which are distributed worldwide. In 2018, ownership transferred to CITIC Capital, a subsidiary of the CITIC Group.

The company's previous manufacturing site located in Ngau Tau Kok was sold during the 1970s and subsequently transformed into the residential estate known as Amoy Gardens.

Etymology

The term Amoy () represents the English transliteration of the Min Nan dialect's pronunciation for Xiamen, a city situated in Fujian province, China.

History

Originally established in 1908 under the name Tao Fa in Xiamen, the company initially produced soy sauce and soy milk before expanding its presence to Hong Kong in 1928.

By 1947, it operated under the name Amoy Canning Corporation, Ltd. with its manufacturing facility in Ngau Tau Kok and administrative offices at Bonham Strand, Sheung Wan.

In 1977, Sime Darby group acquired half of Amoy Canning’s shares. Subsequently, Hang Lung Development secured a 63% ownership stake in 1980. Pillsbury purchased 50% of Amoy Food in 1983.

A production facility was inaugurated within the Tai Po Industrial Estate in 1987. By the following year, Amoy had become the leading soy sauce producer regionally, with an annual output of approximately 6,000 tonnes.

Danone assumed full control in 1991 but divested the company to Japan’s Ajinomoto in 2006. The frozen food manufacturing operations were relocated from China to Tai Po Industrial Estate in 2013.

In 2018, Ajinomoto sold Amoy to China's CITIC Group.

Within the European market, Amoy’s products are supplied by Kraft Heinz.

See also

External links