Sanyuan

Chinese firms Sanyuan, an international dairy company, and Fosun, a global conglomerate and investment company, have announced they are to team up to acquire the French margarine and spreads brand St Hubert from its current shareholders. Established in 1904, St-Hubert is a leading manufacturer of spreads, selling over 35,000 tons per year. It is said to enjoy a leading position in France and Italy and manufactures plant-based yoghurts, drinks, and desserts, in additional to its …