Yashili International Holdings

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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.

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.

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.

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.

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.

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. 

Yashili launches Super a-Golden infant formula in New Zealand

22 Apr 2016

Chinese infant formula group Yashili International Holdings has announced plans to launch its Super a-Golden Stage infant formula in the New Zealand market. 

The key takeaways from Danone's presentation at the Consumer Analyst Group Europe conference

11 Apr 2016

Danone appears to be winning over the investment community, with a 2015 performance and 2016 forecasts welcomed by the market - and growth targets analysts believe are credible and achievable. The French food giant faces challenges, not least in fresh dairy but, broadly, the company's recent initiatives and its prospects have led to more confidence in the business. Here we present the important takeaways from Danone's appearance at the Consumer Analyst Group Europe conference in London.

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.

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.

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.

Food industry news of the week: Marfrig, Morrisons, Cadbury

16 Jan 2015

Brazil-based food giant Marfrig announced the surprise resignation of CEO Sergio Rial this week after just a year in the position. Another chief executive is to go at UK retailer Morrisons, with its board believing its best chance to return to growth is without Dalton Philips.

Yashili warns 2014 profits will plunge 40%

14 Jan 2015

Yashili International Holdings, the listed Chinese infant formula company in which Mengniu and Danone hold sizeable stakes, has warned that it now expects a 40% decline in profit for 2014.

Danone's Lu appointed Yashili CEO

7 Jan 2015

Jeffery Minifang Lu, chairman of Danone's early life nutrition business in Greater China, has been named CEO of Yashili International Holdings, the Chinese infant formula business controlled by state-owned enterprise Mengniu.

Deal or no deal: Should Danone make a play for Mead Johnson?

6 Nov 2014

Rumours linking Danone to Mead Johnson have periodically surfaced over the past five years. Much of the rationale justifying such a significant move lies in Danone's strategy in key emerging markets such as China. Following a tie-up with Chinese infant formula maker Yashili International Holdings it would seem Danone is intent on developing strategic partnerships with local players to foster growth. But would a big-bang acquisition make more sense? Katy Askew reports.

Danone to take 25% stake in Mengniu's Yashili

31 Oct 2014

Danone is taking a 25% stake in Yashili International Holdings, the infant formula business majority owned by Chinese dairy giant Mengniu, in a deal worth almost HK$4.4bn (US$567.4m).

Food industry news of the week: Chiquita, Yashili, Q3 results

31 Oct 2014

After seven months, this week saw the uncertainty over Chiquita Brands International's future all but end with the US produce giant agreeing to a US$681m takeover bid from Brazil's Cutrale Group and Safra Group. Elsewhere, Danone announced moves to enter mass-market infant formula in China with an investment in local player Yashili International Holdings.

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: WhiteWave, Mengniu form China JV

6 Jan 2014

WhiteWave Foods and China Mengniu Dairy have formed a joint venture that will enable the US organic and dairy alternatives business to enter the Chinese market.

China briefing: Multinationals face shifting formula landscape

29 Nov 2013

Multinational companies have dominated China's infant formula market but domestic companies are, with government support, looking to bolster their position with demand expected to remain buoyant. Wang Fangqing in Shanghai reports.

In the spotlight: The verdict from China's infant formula probe

7 Aug 2013

International infant formula manufacturers are adjusting their business practices in China having been found guilty of price fixing. Multinational companies, which were the focus of an anti-trust investigation, say they have emerged from the probe with a "clearer understanding" of the regulatory framework in the country. However, some pundits suggest the probe must be viewed in the context of a wider government push to boost the domestic industry. Katy Askew reports.

CHINA: Yashili International H1 profits, sales climb

6 Aug 2013

Chinese infant formula maker Yashili International Holdings saw its earnings climb in the first half of the year on the back of increasing sales.

CHINA/US: Yili signs partnership deal with Dairy Farmers of America

9 Jul 2013

Chinese dairy giant Yili Group has teamed up with US co-op Dairy Farmers of America (DFA) in a venture that will serve China's fast-growing dairy market.

BRICs and beyond: Mengniu plays catch-up in infant formula with Yashili buy

18 Jun 2013

Chinese dairy giant China Mengniu Dairy Co. just got bigger. It has entered into an agreement that will see it take control of local infant formula maker Yashili. Mengniu is looking to reverse its fortunes in a category in which it has struggled. However, with concerns over food safety remaining high, there is a long road ahead as the company - and the country as a whole - look to build a safe and reliable dairy supply. Katy Askew reports.

CHINA: Mengniu looks to take full control of Yashili

18 Jun 2013

China Mengniu Dairy Co. has tabled a takeover bid worth around HK$11.35bn (US$1.46bn) to take full control of local infant formula maker Yashili International.

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.

NZ: Yashili New Zealand plant investment approved

2 Apr 2013

Yashili International Holdings has received the go-ahead to invest CNY1.1bn (US$176.7m) to establish a dairy processing facility in New Zealand.

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