This week on the Dairy Dialog podcast we have three guests. We speak with Parul Soni, senior consultant at Brand Finance about the Brand Finance Food & Drink 2019 report; Gareth McCabe, dairy sector specialist at Christeyns Food Hygiene, about the...
China’s Yili Group has completed the purchase of all of the shares in New Zealand’s Westland Co-operative Dairy Company after final details of the sale were completed today.
Employees from Thailand ice cream and frozen food distributor Chomthana visited Chinese dairy company Yili Group for a ‘cultural merging and operational training’ program recently.
The latest Brand Finance Food & Drink 2019 report shows that, again, Switzerland’s Nestlé tops the food ranking, although its brand value increased by just 1% year on year to $19.6bn.
On Thursday, the High Court of New Zealand gave approval to the takeover of the Westland Co-operative Dairy Company by Yili subsidiary, Hongkong Jingang Trade Holding Co., Ltd.
Shareholders of New Zealand Westland Co-Operative Dairy Company Limited have overwhelmingly voted in favor of the Scheme of Arrangement under which shares in Westland are to be acquired by Jingang, a wholly owned subsidiary of Inner Mongolia Yili Industrial...
The board of Westland Co-operative Dairy Company Limited is urging all its shareholders to exercise their votes at, or before, the Scheme Meeting on July 4 to support the sale of the cooperative to Hongkong Jingang Trade Holding Co., Limited, a wholly...
Chinese dairy giants Yili and Mengniu are adding new manufacturing sites to pump up production volume of liquid milk products in a bid to hit the RMB$100bn (US$14.5bn) revenue goal.
Major Chinese dairy firm Mengniu saw its total revenue grow 14.7% to RMB$68.9bn (US$10.2bn) last year. However, its performance still paled in comparison to its top competitor, Yili.
Lower than expected sales have led to the board of New Zealand’s Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$5.80 - NZ$6.00 (US$3.95-US$4.08).
The board of New Zealand’s Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy cooperative to Hongkong Jingang Trade Holding Co., Limited (Jingang), a wholly-owned subsidiary...
China’s dairy giant Yili has seen its total revenue rise by 16.9% to reach RMB$79.5bn (US$11bn) last year – the greatest amount generated and highest growth rate witnessed in its 50 year history.
Jennewein Biotechnologie GmbH, a German company involved in the research and manufacture of human milk oligosaccharides (HMO), and Inner Mongolia Yili Industrial Group (Yili Group), China’s leading dairy company, have signed a Memorandum of Understanding...
Thailand and Indonesia in particular will take over from 10-year antipodean foray
Dominating the news headlines twice in one week is not something done often by dairy majors anywhere in the world, never mind Southeast Asia. But Chinese dairy giants have now signaled their intent to set up a major presence in a region ranked the world’s...
China’s home-grown brands took the top three spots for the most consumed food and beverage brands amongst Chinese families, research from Kantar Worldpanel has shown.
Chinese dairy company Yili Group held a ceremony in Bangkok, Thailand, last week to announce its acquisition of Chomthana, the largest domestic ice cream company in Thailand.
In Jakarta, Indonesia, China's largest dairy company, Yili Group, held a product launch event on October 23 which heralded the company’s entrance into the Indonesian market.
Dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms, according to RaboResearch’s latest report, ‘Global Dairy Top 20 – A Shuffling of the Deck Chairs.’
