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Philippines' Top Noodle Maker Downsizes Loss-Making Alternative Meats Business

By Forbes   |   Nov 25, 2024 at 05:08 AM EST
Philippines' Top Noodle Maker Downsizes Loss-Making Alternative Meats Business

Monde Nissin, the top Philippine instant noodle maker owned by Indonesia's Kweefanus family, is downsizing Quorn's operations in the UK to cut losses. Despite heavy investments, Quorn's expansion didn't meet expectations due to softer demand.

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