Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...
China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
Chinese dairy producer Inner Mongolia Yili Industrial has announced plans to invest around CNY2bn ($327m) in its Oceania Dairy production base in Waimate, South Island, New Zealand. So far, the company has already invested around CNY1.2bn ...
Chinese dairy producer Inner Mongolia Yili Industrial is planning to invest around CNY2bn ($327m) in its Oceania Dairy production base in New Zealand. The proposed investment will be employed in the construction of a raw milk ...
Tags: Inner Mongolia Yili Industrial, Oceania Dairy production, Agriculture
Chinese dairy major Inner Mongolia Yili Industrial has partnered with Dairy Farmers of America (DFA) to establish a dairy plant in Kansas. The company owns 30% stake in the joint venture, which has a registered capital of around $100m. ...
Tags: Inner Mongolia Yili Industrial, Dairy Farmers of America, Agriculture
Chinese dairy producer Inner Mongolia Yili Industrial Group and Wageningen University will jointly develop a food security system. The announcement comes as part of a series of cooperative agreements aimed at supporting agriculture ...
Tags: dairy producer, Yili Industrial Group, food security system
Chinese dairy producer Inner Mongolia Yili Industrial Group has partnered with Wageningen University to establish a new R&D center in the Netherlands. Wageningen University and its R&D center are the leading scientific research ...
Tags: Yili, R&D Center, Milk
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
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
Hong Kong has had enough of mainland mothers emptying the region's shelves of imported baby formula. The government there will fine people up to US$64,000 and potentially throw them in jail for up to two years if they're caught carrying too ...
Tags: Foreign Dairy, baby formula
China’s stocks rose for a fifth day on Monday, continuing their longest stretch of gains in two months thanks to a services gauge that rose for the first time since March, Bloomberg reported. Shanghai Friendship Group (600827.SHA) and ...
Tags: China Stocks
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
Yashili International is to spend CNY1.1bn(US$176.7m)to build a 52,000-tonne capacity dairy in New Zealand,via its recently established subsidiary in the country. Yashili New Zealand Dairy Co has already signed a conditional purchase ...
Tags: Yashili, purchase agreement, dairy industry, milk
Inner Mongolia Yili Industrial Group, a China-based dairy company, plans to invest $214m to set up an infant formula facility in South Canterbury and as part of this strategy, it is set to buy New Zealand-based Oceania Dairy Group. ...
Tags: Yili Industrial Group, infant formula facility, dairy industry