date:Oct 13, 2012
Chinese dairy companies are boosting their investments in Europe to gain access to high quality sources of raw milk in hopes of winning back market share and restoring consumer confidence in the country's scandal-plagued industry.
The most recent move came from Synutra International, China's third-largest infant formula producer, which signed an investment deal worth 100 million euros ($130 million) with French dairy cooperative Sodiaal, the fourth-largest dairy group in Europe.
The deal inv