China’s Mengniu-Yashili Sells New Zealand Produced Infant Formula in North Island Supermarkets

Yashili said the infant formula, which hit the shelves of North Island supermarkets, was specially designed for the New Zealand market, manufactured and packaged at its state-of-the-art plant which opened in Pokeno, south of Auckland in November 2015. Yashili’s emphasis had been its commitment to product innovation for its formula product, Yashili New Zealand general

France’s Danone On the Brink of Selling its Dumex China Unit to Mengniu’s Yashili International Holdings

Danone SA, the French dairy giant, has offloaded its struggling Dumex China unit to a subsidiary of China Mengniu Dairy Co Ltd for 150 million euros ($159 million). The Paris-based company said the sale to Yashili International Holdings Ltd, which is yet to be approved by the relevant authorities and Yashili shareholders, would create “a

Mengniu-Yashili Infant Formula Factory Opens Near Auckland, New Zealand

New Zealand Prime Minister John Key on Friday [6 November 2015] officially opened one of the biggest completed Chinese investments in New Zealand, a state-of-the-art infant formula plant in the village of Pokeno, just south of Auckland. The plant represents an investment of 220 million NZ dollars (145.31 million U.S. dollars) by Yashili New Zealand

Guangdong’s Infant Formula Maker, Yashili International, Announces Profit Losses

Chinese milk powder maker Yashili International Holdings Ltd said on Wednesday [14 January 2015] it expects its 2014 net profit to fall about 40 percent, hit by slowing demand for baby formula and higher marketing and compliance costs. The profit warning by Yashili, owned by China Mengniu Dairy Co and French dairy Danone SA, highlights

Guangdong-based Dairy Wins Approval to Invest in New Zealand’s Dairy Industry

Infant formula giant Yashili International Holdings revealed Tuesday it has received approval to become the latest Chinese player to invest in the New Zealand dairy industry. Company chairman Zhang Lidian announced in a statement to the Hong Kong stock market that New Zealand’s Overseas Investment Office (OIO), which considers all foreign investments valued at more