Fosun Group Invested in Taiwan Vigor Kobo (Asia)

Source: Fosun Group

Chinese investment firm Fosun Group has acquired a 20 percent stake in Taiwanese bakery Taiwan Vigor Kobo. Vigor Kobo integrates the tourism and food sectors, producing cakes that visitors from mainland China can take with them as souvenirs after visits to Taiwan. Through the investment, Fosun will support Vigor Kobo’s entry into the mainland Chinese tourism market. Financial details of the transaction were not disclosed.