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New Deal


Announced

China Feihe to acquire YuanShengTai Dairy Farm for $396m.

Financials

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Transaction Value£298m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium1.6%
One Off Charge-

Sources

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Tags

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dairy

Majority

Acquisition

Farming Fishing Ranching and Plantations

Friendly

Single Bidder

Domestic

raw milk

dairy farming

China

Pending

Public

Synopsis

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China Feihe, a milk formula company, agreed to acquire YuanShengTai Dairy Farm, a dairy farming company in China, for $396m. The acquisition will allow China Feihe to use the dairy supplier's expertise in quality control of raw milk purchased from smaller dairy farmers.

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