Newly Listed Ningbo Lehui to Acquire German Beverage Packaging Equipment Manufacturer

Ningbo Lehui International Engineering Equipment Co plans to take over German dairy packaging equipment manufacturer NSM Packtec GmbH, according to media reports on Wednesday [13 December 2017]. Lehui will pay 4 million euros ($4.73 million) to acquire the company from NSM Magnettechnik GmbH, domestic news website sohu.com reported…Full Article: The Global Times Dec 2017 Key

Sweden’s Tetra Pak Faces Tough Competition in China

Competition in China’s bacteria-free paper-packing market has become more intense, with the consumption upgrade driving a rapid change in the market and the rise of domestic players. Sweden-based paper packing giant TetraPak used to hold about 90 percent of the bacteria-free paper packing market in China, and now its market share is decreasing to about

China’s Shipping Equipment Manufacturer, CIMC ENRIC, Continues its Push into the Beverage Industry

China’s specialist equipment maker CIMC ENRIC Holding Ltd will continue mergers and acquisitions in developed countries as part of its expansion into markets along the Belt and Road Initiative. The energy, chemical and liquid food equipment company is a major subsidiary of China International Marine Containers (Group) Ltd, the country’s largest transportation equipment producer by

Shanghai-listed Yili Was China’s Top Consumer Brand in 2015, Followed by Hong Kong Listed Dairy and Beverage Companies

Dairy company Yili was the most popular consumer brand in China last year, according to a study of global purchasing habits. The company improved its position from second last year after researchers from Kantar Worldpanel found its goods were bought an average of 7.8 times a year by 88.5 percent of the Chinese population during

Ready-To-Drink Coffee Beverages Expected to Be Growth Market in China

China will continue to offer potential for high growth to coffee beverage players, experts said. For, new consumers are being continually attracted to support the ready-to-drink or RTD coffee and coffee pod machines, they said. Hope Lee, senior analyst of Euromonitor International, said increasingly, coffee beverage players are looking beyond younger consumers and white-collar workers