www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Chinese dairy firms catch private equity fancy

By Wang Zhuoqiong (China Daily) Updated: 2014-07-05 06:40

Private equity firms seem to be warming up to the Chinese dairy sector, with Internet tycoon Jack Ma spearheading a fresh round of investments in the sector.

Chinese dairy firms catch private equity fancy
Fonterra eyes China UHT milk plant in 2014/15 
Chinese dairy firms catch private equity fancy

Yunfeng Capital, a private equity firm co-founded by Alibaba Chairman Ma, Target Media founder Yu Feng and Citic Private Equity, have acquired a 60 percent stake for 2 billion yuan ($328 million) in a unit of dairy giant Inner Mongolia Yili Industrial Group Co Ltd.

According to Yili, the investment will help sustain milk supply sources, enhance farm building capacity and also expand and upgrade the dairy source network to boost profitability.

Jiang Aihua, an analyst from CIConsulting, said that Ma, who has invested in logistics, Internet financing, pharmaceuticals and football, will help raise the profile of the sector and draw more PE firms to the dairy industry.

Huaxia Farming a high-end milk producer in Sanhe, Hebei province, received investment from an investor group led by GIC, Singapore's sovereign wealth fund, and Olympus Capital Asia, a leading regional middle market private equity firm focused on Asia, which has invested an additional $106 million in the company. The investment proceeds will be used to fund the expansion of the company's farming operations as well as its retail dairy products business.

GIC is investing $70 million and Olympus Capital Asia is investing $30 million. Other existing shareholders, including Grand River Capital, are investing the remaining $6 million. Combined with its previous investments, Olympus Capital Asia has now invested $108 million in the company and is its largest shareholder.

Huaxia Dairy operates three farms in the Sanhe area, just outside of Beijing, with more than 13,500 cows. The milk produced at Huaxia Dairy is used to supply major dairy companies in China for their premium products, and for the production of Huaxia Dairy's own Wondermilk-branded products.

Dairy farms have become a key link in the manufacturing process, fueled by the growing domestic demand for dairy products, especially high-end products.

Song Liang, an industry analyst, said agricultural investments have become more attractive to PE firms due to the slowdown in economic growth. The dairy sector, buoyed by surging milk prices, also offers investors long-term profit opportunities, he said.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 久久国产精品-国产精品 | 日韩精品无码一区二区三区 | 久草在线中文最新视频 | 亚洲精品天堂一区在线观看 | 国内自拍一区 | 日本亚州在线播放精品 | 精品免费国产一区二区三区 | 亚洲欧洲日本天天堂在线观看 | 一区二区三区在线 | 最新国产午夜精品视频不卡 | 欧美亚洲精品在线 | 久久亚洲精品成人 | 欧美日韩中文字幕在线视频 | 美女视频黄色在线观看 | 黄在线网站 | 99ri在线精品视频在线播放 | 草草影院www色欧美极品 | www成人国产在线观看网站 | 亚洲一区二区在线成人 | 久久99国产乱子伦精品免费 | 99久久精品免费看国产免费软件 | 欧美成人午夜 | 在线视频 国产交换 | 日本aa毛片a级毛片免费观看 | 日本wwww视频 | 99精品网 | a级毛片免费观看网站 | 99久久国产综合精品1尤物 | 欧美成人在线免费观看 | 性一级片 | 免费在线精品视频 | 亚洲欧美日韩在线精品一区二区 | 日韩三级黄色片 | 亚洲精品久久久久久久久久久网站 | 91欧美精品综合在线观看 | 欧美日韩在线播一区二区三区 | 国产精品18久久久久久小说 | 老头老太做爰xxx视频 | 亚洲精品乱无伦码 | 亚洲精品福利一区二区三区 | 在线观看亚洲成人 |