Beijing Sanyuan Foods and Fosun Close to Purchasing France’s St Hubert

Fosun International, the Chinese insurance-to-tourism conglomerate, and Beijing Sanyuan Foods are close to a joint deal to buy French margarine and health food maker St Hubert from Montagu Private Equity, according to a joint statement from the two Chinese firms…Full Article: South China Morning Post July 2017 Key Points The Chinese acquisition of St Hubert,

Beijing Sanyuan Foods, Sole Survivor of the 2008 Melamine Scandal, To Purchase Canadian Dairy Company

Beijing Sanyuan Foods Co Ltd, one of China’s leading dairy producers, plans to purchase a majority ownership in Crowley Properties Ltd, a Vancouver-based company making dairy products such as yogurt, cheese, ice cream and butter for about C$19 million ($14.58 million), according to an announcement by Sanyuan. The acquisition was approved by Sanyuan’s board of

New Zealander Exports to China Fall On the Back of Declining Milk Powder Prices

New Zealand exports to China last month were less than half the value of January 2014, leading a fall in the country’s total goods exports, the government statistics agency announced on Thursday [26 February 2015]. Total exports were down by 9.1 percent year on year to 3.7 billion NZ dollars ($2.79 billion) in January, according