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Yashili New Zealand Dairy is a joint venture between Yashili and Mengniu established in 2012.

Danone invests in Yashili New Zealand

By Jim Cornall

Danone and Yashili, a division of China’s Mengniu Dairy Co, have signed a memorandum of understanding (MOU) whereby Danone acquires 49% of the shares of the dairy company Yashili New Zealand Dairy Co.

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