Nissin Foods Holdings has denied reports that it is planning to buy a stake in Chinese noodles maker Sichuan Baijia Food.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The official Shanghai Securities News reported that Sheng Jiawu, vice president of Sichuan’s owner the Baijia Group, had said Nissin and Baijia had begun negotiations two years ago.


According to the Chinese sources, the Japanese company expects to buy at least 33.4% of the company.


Sichuan has said that it wants to sell a 20-25% stake before it goes public at the end of next year.


Nissin told just-food today (10 October) that it has no intention of investing in Sichuan “now or in the future” and that such a claim came from China only.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now