Arla Foods has announced a deal to supply Chinese infant formula company Biosteme. The Nordic dairy giant will supply powder to Biosteme from a facility in Denmark for ten years. The deal could also see both companies finance upgrade work ...
Tags: baby milk, dairy giant, premium infant nutrition market
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