Related Websites
Events Diary
- 1-3 March 2012 Dairy Expo 2012, Jind, India
- 6 March 2012 Jongia UK Dairy Seminar
- 27-29 March 2012 Spray Drying from Theory to Practice
- 27-30 March 2012 Anuga FoodTec
- 9-11 May 2012 6th Annual Food Technology & Innovation Forum
- 21-24 May 2012 IDF Cheese Ripening & Technology Symposium
- Click here to see all events
Mengniu adds Junlebao to stable
Date: 24/11/2010
By combining product research and marketing resources with Junlebao, Mengniu expects to enter the world's top 10 dairy ranking and achieve RMB50 billion turnover in the next five years, according to Yang Wenjun, Mengniu's chief executive officer.
Junlebao, founded in 1995 and based in Shijiazhuang, Hebei province, owns nine subsidiaries across China and had sales revenue of RMB1.3 billion in 2009.
Song Kungang, chairman of the China Dairy Industry Association, says integration is the most important means of enhancing the competitiveness of China's dairy industry and is also the key to success overseas. "The merger of Mengniu and Junlebao follows the trend in industry development. It is a good example and reference point for other dairy companies," Song says.
Back to News
-
DMK makes management changes
Date: 22/02/2012Newly formed German dairy group DMK Deutsches Milchkontor is reorganising its top management... more >
-
Hansa sees benefit from Arla merger
Date: 21/02/2012The merger between Arla Foods and the north German Hansa Milch coop, finalised only a... more >
-
Zott invests in pot production
Date: 21/02/2012Bavarian-based fruit yogurt and mozzarella specialist Zott is investing around €5... more >
-
Sales up for Schwarzwaldmilch butter
Date: 21/02/2012Booming sales for the 200 million kg per year processor Schwarzwaldmilch, collecting... more >
-
Emmi reports improved 2011 results
Date: 20/02/2012Despite the challenges in the international cheese market for high-priced products made... more >
-
Nestle delivers good performance in 2011
Date: 20/02/2012Swiss dairy giant Nestlé has reported 7.5% organic growth and 3.9% internal growth... more >
Latest Issue
February 2012
Ice cream trendsRefrigeration
Butter is better
Thailand dairy
Separation
Login
SUBSCRIBE
Featured Article
Four elements of innovation in children's dairy
Most of the new ideas that have been tried over the last decade have failed – or at best resulted in ultra-niche products. What we have l... more >
Most Read Stories
Product Showcase
