Chinese dairy company Mengniu has signed a three-party acquisition agreement with Yashili and Danone.
China's Mengniu and France's Danone jointly announced in Hong Kong that the two parties have signed an agreement under which Mengniu will issue new shares to Danone.
American organic dairy maker WhiteWave Foods Company announced that the company has reached an agreement with China's Mengniu to establish a joint venture which will focus on the manufacturing, promotion and sales of nutritious products…
Chinese dairy company Mengniu published a report stating that its joint venture project with Danone, which was first raised in May 2013, is now in the process of setting up.
The world's leading yogurt maker Danone announced that it has agreed to acquire a 8.3% stake in the Chinese dairy company Mengniu, and it will establish a joint venture with Mengniu in China. Prominent Achiever…
Chinese dairy company Mengniu and Danish dairy giant Arla signed a framework agreement for the implementation of a diary technology cooperation center project.
Lu Jianjun, vice president of the Chinese dairy company Mengniu, told local media that though the price of raw milk continues to grow, the company's gross margin will also increase year over year.
Niu Gensheng, founder of Mengniu, has resigned his position as chairman of the board of directors.
Chinese dairy company Mengniu has published its annual financial report for 2010, stating that it achieved operating revenue of CNY30.265 billion and its net profit reached CNY1.237 billion.
Chinese dairy giant Mengniu has announced that it has acquired a 51% stake in Junlebao, its competitor in the North China market, for CNY469.2 million.