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
Chinese dairy firm Liaoning Huishan Holdings is planning to raise$800m to$1bn through an initial public offering. It has invited banks to submit proposals to handle the IPO on the Hong Kong Stock Exchange by 6 October,Wall Street ...
Tags: initial public offering, image, investors
New Zealand-based dairy company A2 has appointed an in-market Chinese distribution partner as a part of its strategy to launch its a2 brand milk powders in China. In April 2012,the company entered into a strategic agreement with New ...
Tags: milk powders, strategic agreement, CSF
New Zealand dairy giant Fonterra has announced plans to open two more large-scale dairy farms in China,increasing milk production and completing the groups first"farm hub"in Hebei Procince. The two additional farms bring the number of ...
Chinese dairy Mengniu has booked a drop in first-half profits. In the six months to the end of June, net profit slid to CNY747.9m (US$117.7m), compared to CNY892.1m recorded last year. The company blamed the decline on a "surge" in the ...
Tags: Mengniu, dairy products, Mengniu's net profit, Chinese dairy industry
Bright Dairy&Food is recalling hundreds of cartons of milk in China after a mechanical error tainted the products with alkaline water,according to the Shanghai Quality and Technical Supervision Bureau. The recall was initiated after ...
Tags: milk, alkaline water, mechanical error
Chinese dairy giant Mengniu has admitted the existence of safety irregularities at the plant of its ice cream supplier Tianfu Dairy,in response to a safety report which was posted online. Recently,a student from Xi'an university had ...
In the UK, the increasing level of couponing in retail set the industry talking this week as Tesco CEO Philip Clarke noted the step-up in this type of promotion, while industry analysts gave their views on this growing trend. Elsewhere, ...
Tags: retail, Tesco, shares in the meat, promotional
Feihe International,a leading producer and distributor of food products in China,has introduced the Product Inquiry System(PIS)for infant formula products,in order to improve product traceability. According to the company,consumers can ...
Tags: Feihe, PIS, infant formula