Mengniu

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Australia: Lion Australia to sell dairy division to Mengniu

November 28, 2019

Asia Pacific, Food, Mergers & Acquisitions, Non-Alcoholic Drinks

Lion Australia, the Kirin-owned Australian food and drinks manufacturer, has announced it has reached an agreement to sell its Dairy & Drinks business to Chinese dairy firm Mengniu in a deal valued at A$600 million ($406 million). The sale includes all white milk, milk-based drinks, yoghurt, juice and water ice brands and assets, as well as Lion Dairy & Drinks’ International business, its share of the joint ventures Vitasoy Australia Products and …

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China: Yashili opens plant in New Zealand

November 16, 2015

Asia Pacific, Manufacture & Distribution, Non-Alcoholic Drinks

China’s Yashili New Zealand Dairy, a subsidiary of Yashili International and Mengniu Dairy, has opened an infant formula plant in Pokeno, Auckland, New Zealand after a three-year construction period. Yashili New Zealand general manager and director William Zhao said the company chose Pokeno because of its geography, location and excellent dairy farming facilities. “The operation of the Mengniu-Yashili New Zealand plant will help to build a global network for Mengniu …

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