Chinese company Yashili has received approval to establish a NZ$220m ($170.7m) infant formula production facility in Pokeno, New Zealand. The Waikato District Council gave clearance for the facility after a three-day hearing which was ...
Tags: Yashili, Infant Formula
The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
China Mengniu Dairy is set to purchase a 75.3% stake in Yashili International for $1.6bn from its controlling shareholders, Zhang International Investment and CA Dairy Holdings. Yashili is currently one of the largest domestic pediatric ...
Tags: Mengniu Dairy, Yashili
China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
China Mengniu Dairy is set to launch a new organic milk brand, which will be imported from Denmark. The company stated that the new brand of milk will be supplied by Swedo-Danish cooperative Arla Foods and will be marketed under Arla ...
Tags: Mengniu Dairy, Organic Milk Brand
China Mengniu Dairy has agreed to acquire 26.92% stake in China's unpasteurized milk producer Modern Dairy from Advanced Dairy and Crystal Dairy, in a deal estimated to be worth HKD3.18bn ($410m). Under the terms of the deal, Mengniu ...
Tags: Mengniu Dairy, Modern Dairy
Speech by the Chairman of the Autonomous Region Inner Mongolia Autonomous Region (IMAR), situated in the northern border area of China, possesses unique regional advantage and consummate infrastructure. With abundant resources it enjoys ...
Tags: IMAR, survey, economy, investment
(i) Data on GDP In 2005 GDP in IMAR came to RMB 389.5 billion yuan with GDP per person being RMB 16,331 yuan, which equals $ 2,028 dollars by the current exchange rate. The industrial structures have been further optimized, and the ...
Tags: IMAR, survey, economy, investment
Arla Foods and Fonterra have teamed up with Danish analytical solutions provider Foss to develop a screening method to determine whether milk has been tampered with for financial gain. The'fingerprint'-based screening technique will ...
Tags: Arla, Fonterra, Foss, China, Denmark, milk, dairy, safety, melamine
China Mengniu Dairy is in talks to acquire China Modern Dairy, a leading raw milk supplier in China, in order to gain better control over its milk supply. China's state-owned COFCO and US-based private-equity firm KKR - the largest ...
Tags: leading raw milk supplier, better control, milk supply
Swedish-Danish cooperative Arla Foods and China's baby food maker Biostime International have entered into ten-year financing and supply agreement. Under the agreement,the two companies will co-invest a total of DKK163m($27.55m)to expand ...
Tags: financing, agreement, baby food, production capacity