date:Sep 03, 2013
aland Dairy, a wholly-owned subsidiary of Yashili. It is expected to produce about 52,000 tons of finished products and semi-finished products, including base milk powder.
In January, China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn).