Yashili International Holdings

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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.

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.

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.

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).

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 "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.

CHINA: Chan quits as Yashili CFO

20 Jan 2012

Chinese infant formula firm Yashili International Holdings has announced that joint CFO Chan Shing Yee is set to resign from the company.

CHINA: Infant-formula firm Yashili H1 profits to slump

25 Jul 2011

Chinese infant-formula maker Yashili International Holdings has warned that its profits for the first six months of 2011 could be up to 40% lower than a year earlier.

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