Mengniu Dairy

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China's Mengniu Dairy invests in owner of Australia's Brownes Dairy

8 Jan 2020

Mengniu Dairy has made an investment in a fellow Chinese group that owns a prominent business in Australia.

2019 - The year in food industry M&A

11 Dec 2019

Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during 2019.

Chinese dairy giant Mengniu turns again to Australia

27 Nov 2019

Why has Mengniu, one of China's largest dairy companies, moved to make another acquisition of an Australian business? We look at its deal for Lion Dairy & Drinks.

China Mengniu Dairy Company strikes deal for Lion Dairy & Drinks

25 Nov 2019

China Mengniu Dairy Company has struck a deal to buy another business in Australia, just months after moving to acquire local infant-formula supplier Bellamy's Australia.

Aussie watchdog approves Mengniu's move for Bellamy's

18 Nov 2019

A formal takeover offer for infant-formula maker Bellamy's Australia by a Chinese dairy group has been approved by the country's overseas investment regulator.

Mengniu’s Bellamy’s takeover could benefit both in competitive Chinese market

18 Sep 2019

Mengniu, one of China's largest dairy companies, has moved for Australia's Bellamy's to bolster its ambitions in its infant formula. Both companies could do with the help.

China dairy giant Mengniu moves for Australian infant-formula maker Bellamy's

16 Sep 2019

Bellamy's, the Australia-based infant-formula supplier, looks set to have a major business in the dairy sector become its new owner.

China's fight against obesity augurs change for food businesses

20 Aug 2019

Jens Kastner looks at how international food businesses selling their products in China are responding to the country's plans to target obesity.

Danone cleared to control up to 65% of Yashili New Zealand Dairy Co.  

6 Jun 2019

The ruling is in on French dairy heavyweight Danone's attempt to purchase up to 49% of Yashili New Zealand Dairy Co.

Arla CFO Natalie Knight on battles with Brexit, Chinese regulators and added sugar - the just-food interview

21 Feb 2019

Arla CFO Natalie Knight tells Andy Coyne about the dairy giant's investment plans and discusses whether recent acquisitions and category innovation can feed growth. 

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.

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