Mengniu Dairy

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Danone strikes deal on Yashili NZ stake

3 Jan 2019

Danone, the French food giant, has finalised a deal to invest in an infant-formula business in New Zealand.

Mengniu to invest in unit of Chinese organic peer Shengmu

2 Jan 2019

China Mengniu Dairy, one of the largest dairy companies in China, has agreed to acquire a majority stake in a subsidiary of a local organic peer.

Four product trends to watch in China in 2019

2 Jan 2019

just-food's China columnist Peter Peverelli outlines four product trends food companies doing business in the country - or wanting to do business there - should bear in mind as we enter 2019.

Danone pursues 49% stake in Yashili New Zealand

12 Jun 2018

Danone has entered into a non-binding agreement to purchase a 49% stake in infant-formula maker Yashili New Zealand.

Earnings summary - Nestle lowers annual sales figures in earnings restatement; JBS FY profits more than double even as sales falter; 2017 a mixed bag for Vion; Avangardco sales hit by bird flu but annual loss narrows

29 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Australia's Burra Foods to build infant formula canning plant in Korumburra

5 Dec 2017

Australia's dairy ingredients maker Burra Foods will spend AUD24.5m (US$18.7m) on a new infant formula blending and canning plant in what it says is its biggest expansion project since 2011.

China Mengniu earnings rise aided by new consumption habits

4 Sep 2017

China Mengniu Dairy Company booked an increase in first-half earnings led by its Milk Deluxe and Just Yogurt products, with new consumption habits giving an added boost to sales.

Burra Foods to supply Yashili with formula

22 May 2017

Chinese infant formula group Yashili International Holdings is to source base powder from Australian dairy ingredients firm Burra Foods.

Chinese dairy major Mengniu runs up FY loss, sales rise

31 Mar 2017

China Mengniu Dairy has reported annual losses of CNY812.8m (US$118m), despite improved sales, after booking a CNY2bn impairment charge on its milk powder products business.

Mengniu bids for dairy producer China Modern Dairy 

5 Jan 2017

Chinese dairy giant Mengniu has tendered an offer for milk producer China Modern Dairy Holdings in an acquisition the company said would strengthen its control over the raw milk supply chain. 

Mengniu names new CEO in board exodus 

16 Sep 2016

Mengniu's chief executive, Sun Yiping, has stood down amid a number of board-level resignations at the Chinese dairy giant. 

Mengniu grows sales but net profit slips

25 Aug 2016

Chinese dairy giant Mengniu said its strategy is paying off today (25 August) as it booked higher sales for the first half of the year, although its profits were dented by losses from associates and other items.

Mengniu-owned Fuyuan to take majority stake in Burra Foods

5 May 2016

Chinese dairy farming company Inner Mongolia Fuyuan Farming Co Ltd - which is part owned by dairy giant Mengniu - plans to take a "majority shareholding" in Australia's Burra Foods.

Mengniu Dairy 'eyeing Australia's Burra Foods'

27 Apr 2016

China's Mengniu Dairy is reportedly eyeing Burra Foods in a deal believed to value the Australian dairy group at more than A$300m (US$228.1m). 

Food industry news of the week - Russia and GMOs, US and waste, France compote raid

25 Sep 2015

Russia this week reportedly ruled out the use of GMOs in its food production, a further stiffening of its position on the issue. In the US, meanwhile, the Obama administration announced plans to halve food waste in 15 years. And, among a series of stories out of France, came news of raids from the country's competition watchdog on compote manufacturers.

Yashili to acquire Mengniu's milk powder business

22 Sep 2015

Chinese infant formula maker Yashili International Holdings has announced the planned acquisition of Mengniu Dairy Co.'s milk powder business in a HK$1.3bn deal.

Food industry quotes of the week - Just Mayo, Mengniu, VSI

1 Sep 2015

US egg-free spread Just Mayo hit the headlines this week after the country's food watchdog said it had broken labelling rules. Among a number of M&A deals, European nutrition bar maker VSI was sold to US group Hearthside Food Solutions and Mengniu Dairy, one of China's largest dairy processors, insisted the prospects for the sector in the country remained strong.

Mengniu sales dip but work on costs boosts profits

27 Aug 2015

Mengniu Dairy, the Chinese dairy group, has reported an increase in half-year profits despite lower sales amid efforts to reduce costs.

Yashili turnover, profit slumps

26 Mar 2015

Chinese infant formula maker Yashili International Holdings revealed that full-year profit fell by 43% in 2014 amid declining sales and lower margins.

Mengniu earnings jump 44%

26 Mar 2015

China Mengniu Dairy has booked a 44% jump in full-year profit as higher sales, portfolio optimisation and efforts to improve efficiency lifted the bottom line.

CAGE 2015: Danone defends Yashili investment

17 Mar 2015

Danone CEO Emmanuel Faber has defended the French group's investment in Yashili International Holdings in the wake of the Chinese infant formula group's recent profit warning.

2014 in review: the year's most-read analysis on just-food

16 Dec 2014

Our analysis of the key developments and trends in emerging markets - both within the countries and how local companies are eyeing expansion - attracted your attention in 2014.

2014 in review: the year's most-read news stories on just-food

15 Dec 2014

The takeover battles for Chiquita Brands International and for Hillshire Brands were among the stories that grabbed your interest in 2014.

Timeline: Danone under Franck Riboud

3 Sep 2014

Franck Riboud is to step down as CEO of Danone after 18 years at the helm of the French food giant. just-food takes a look at the highs and lows of Riboud's tenure.

Editor's choice: the highlights on just-food last week

1 Sep 2014

Fonterra this week made a significant move to boost its business in China, a market that has been problematic for the world's largest dairy exporter. We analysed the group's latest foray, a venture with infant formula producer Beingmate. Elsewhere, dairy dominated our coverage, with news of Parmalat closing in on an acquisition in Brazil and Emmi's surprise profit warning. Canadian dairy giant Agropur also featured on our interview pages, when CEO Robert Coallier sat down with us to discuss the co-op's recent M&A.

On the money: Mengniu brushes off concerns with "star" brand focus

28 Aug 2014

China's largest dairy manufacturer China Mengniu Dairy has shrugged off investor concerns over margin pressure, insisting its strategy to raise investment behind "star" and growth brands will improve the group's long-term profitability profile. Katy Askew reports.

CHINA: Mengniu sales, profits surge but shares slide

28 Aug 2014

China Mengniu Dairy saw its share price tumble today (28 August), despite posting a jump in first-half sales and profits.

Interview: Arla looks to grow Chinese cheese category

2 May 2014

Arla Foods has a sizeable presence in infant nutrition and long-life milk categories in China and the company is now working to develop the long-term potential of cheese in the country. To this end, the European dairy cooperative is opening a cheese innovation facility in Beijing. Senior vice president Frede Juulsen, who is responsible for Arla's business in China, spoke to just-food about the company's plans in the market.

BRICs and beyond: WhiteWave, Mengniu JV poised for growth

9 Jan 2014

WhiteWave Foods and Mengniu Dairy are eyeing growth in the Chinese nutrition sector through a tie-up announced earlier this week. The deal will enable WhiteWave to rapidly build scale in the Chinese market while Mengniu will benefit from a wider product offering. Katy Askew takes a look at the agreement.

CHINA: Mengniu "nears announcement on Yashili stake buy"

17 Jun 2013

China Mengniu Dairy Co. is expected to announce it has struck a deal to acquire a controlling stake in local infant formula firm Yashili International Holdings.

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