The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Dairy producer Yili's competition with peer Mengniu goes upscale

It is paying 4.6b yuan for a stake in China's largest organic milk producer China Shengmu Organic Milk

Published Tue, Oct 25, 2016 · 09:50 PM
Share this article.

Shanghai

INNER Mongolia Yili Industrial Group Co's competition with China Mengniu Dairy Co in the US$52 billion Chinese dairy market is going upscale, centring on a premium, organic segment that makes up just one per cent of the country's milk consumption.

Yili is paying 4.6 billion yuan (S$945 million) for 37 per …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here