China’s largest dairy company Yili Group said the other day it will bid “about $850m” for Stonyfield, the US organic yoghurt company owned by France’s Danone.
Yili had a turnover of $9.3bn in 2015, according to Rabobank, making it China’s largest dairy group, and the tenth largest in the world.
Inner Mongolia Yili Industrial Group Launches two new UHT yoghurt drinks. The two “Baoquzhu”-branded beverages, packed in combiblocSmall 250 ml from SIG Combibloc, contain alginate balls filled with juice, which burst in the mouth when gently chewed. The result: an extra portion of fruity drinking pleasure. These yoghurt drinks are available in apple and strawberry flavours. Produced using the drinksplus solution from SIG Combibloc, they have taken Yili to a new level in the field of beverages with perceptible added value.
The drinksplus solution makes it possible to fill products containing up to 10% solid pieces using standard beverage filling machines from SIG Combibloc, e.g. drinks with nata de coco and now also with alginate balls with juice in liquid form inside them.
A delegation from Inner Mongolia Yili Industrial Group Co Ltd, one of the world’s top 10 diary companies and a leading diary enterprise in China, set off on June 8 to Europe for an investigation and exchange trip dubbed its ”benchmarking tour”. The group was made up of the company’s management team, headed up by Yili Group Chairman Pan Gang.
During the tour, the group visited Unilever, Royal DSM, Robobank, Philips, Friesland and other transnational enterprises and went to Food Valley, Wageningen University and the Holland Research and Development Center to learn more and exchange experiences in innovation, corporate culture, precision management and food safety. Analysts said the communication would further intensify Yili’s innovation capacities and competence and contribute to boosting the company’s international processes.