Announced
Synopsis
Inner Mongolia Yili, a firm that engages in the processing, manufacturing, and sales of all types of dairy products and health drinks, agreed to acquire infant nutrition plant from Royal FrieslandCampina, a Dutch dairy company. Financial terms were not disclosed. “Xiushui is designed for infant nutrition production and is mainly producing non-dairy creamers while preparing for the future growth of the Zi Mu brand. Zi Mu is a local infant nutrition brand," FrieslandCampina Spokesperson.
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