China's Bright Dairy and Australia's Pactum Dairy Group reportedly signed a strategic cooperation agreement in Sanya, Hainan.
China-based Bright Food Group, parent company of Bright Dairy, is reportedly contacting Israel's Tunva with aims to acquire this Israeli food manufacturer for about CNY10 billion.
Synlait Milk Limited, Bright Dairy's subsidiary in New Zealand, was listed on the New Zealand Stock Exchange with the stock code of SML.
Chinese dairy firm Bright Dairy has published its performance report for the first half of 2009 showing a net profit of CNY45.33 million, a decrease of 67.8% year-on-year.
Chinese dairy products company Bright Dairy has announced plans to invest CNY50 million to improve its pasture-land and to further improve its milk quality.
China's two dairy giants Bright Dairy and Yili have released their financial reports for the third quarter of 2008 and, being affected by the melamine scandal, each of the companies made net losses of over…