Introduction of ABF The investment for Shanghai AB Food & Beverages Ltd. is US$29 million, and the company employs more than 200 employees. It is located in the Shanghai Minhang Economic & Technical Development Zone, the plant is over 20,000 square meters. Main production facilities: The modern automatic production plant of brew house malt extract product line and band drier imported from Switzerland and Germany. They produce and sell the nutrition foods for children, such as Ovaltine; Nutrition beverage for middle-agers and elders, such as "Fu Pai" Lacovo, "Fu Pai" Malted Milk and malt extract for domestic and international industrial Market. Company History Shanghai AB Food & Beverages Ltd. was founded in 1993. Before this, which was just had its name changed from Shanghai Novartis Nutrition Ltd., it is the Sino-Foreign cooperation Joint Venture between Switzerland Novartis Consumer Health and Shanghai Maling Aquarius Group. In the end of 2002, Associated British Foods plc acquired the shares and brands of the Health and functional Food Business of Switzerland Novartis. After that, Consumer Health became cooperation Joint Venture between Associated British Foods plc and Shanghai Maling Aquarius Group.