NR Instant Produce Plc (NRF), the producer and distributor of vegetarian and plant-based food, plans to acquire a grocery and cash and carry store in London in the first half of this year as it completes its trading ecosystem from downstream to upstream.
Chief executive Dan Pathomvanich said the company is negotiating with owners of an Asian grocery and a cash and carry store in London with combined sales of US$36 million.
The company expects to complete the process of acquisition and start the operation of its “Bamboo Asian grocery store” in the first half of this year.
In addition, he said the company plans to build…
