China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
China-based dairy company Yashili has opened a $220m infant formula manufacturing factory in Pokeno in New Zealand through Yashili New Zealand, which is a joint venture between Yashili International Holdings and Mengniu Dairy Co. ...
Tags: Yashili, Infant Formula
Packaging products successfully - for SIG Combibloc, that means offering carton packs and filling machines that enable customers from the food and beverage industry to manufacture their products reliably and efficiently, and at the same ...
Tags: Packaging products, SIG Combibloc, filling machines, carton packs
Arla Foods is integrating its markets in China and South East Asia in a new regional market called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1st 2015. Asia is vital to Arla's ambitions ...
Tags: dairy export, Agriculture
French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
French dairy major Danone has agreed to acquire 25% stake in Chinese infant formula producer Yashili for €437m. The move forms a part of the company's strategy to expand its footprint in China. Under the agreed terms, China ...
New York-based private investment firm Kohlberg Kravis Roberts (KKR) has divested its entire stake in China Modern Dairy, for around $80m. The company sold 168 million shares at HK$3.70 ($0.47) per share. China Modern Dairy is an ...
Tags: Modern Dairy, Food
Swedish-Danish cooperative Arla Foods plans to build a new innovation lab in Beijing, China, to develop cheeses and other dairy products to suit the Chinese market. The new innovation lab will be established in the China-Denmark Milk ...
Tags: Agriculture, Food, dairy products
The Tetra Pak A3/ Speed filling machine for Tetra Prisma Aseptic portion packs was deployed at the dairy producer after following a successful field test in 2012. Running at a speed of 24,000 packs per hour, or approximately seven packs ...
Tags: Packaging, Printing, Filling Machine, Dairy Packaging, carton packages
Chinese raw milk producer YuanShengTai Dairy Farm (YST) has raised $425m through initial public offering (IPO) in Hong Kong. Headquartered in Qiqihar, China, YST produces and sells premium raw milk to dairy products manufacturers, ...
Tags: Yuanshengtai Dairy
Temasek, a sovereign wealth fund of the Government of Singapore, and private equity firm Hopu have agreed to purchase a $213m stake in Chinese infant formula maker Yashili International. The move comes after Yashili's parent company China ...
Tags: Temasek, Hopu, Yashili, China Mengniu Dairy
Temasek, Singapore's state-owned investment company, has teamed up with China-focused private equity firm Hopu and three private investors to acquire $213m worth stake in infant milk formula producer Yashili International. The shares will ...
Particularly in Asia, drinksplus beverages containing natural extras such as pieces of real fruit, vegetables or cereal grains are best-sellers, and continue to offer further potential. Right now, new products containing unusual bits are ...
Tags: Beverages Packaging, Dairy
Almost half of China’s population surfs the internet on a daily basis. Many users are drawn by the contact with other people: Students and white collar workers get to rub shoulders with CEOs and film stars. Interaction drives ...
Tags: Wechat, Careless Talk