Mengniu Buys into Milkground Food Targeting Cheese Market

Summary: On 6 January, Mengniu bought into Milkground Food for USD40.2 million (RMB280 million) and increased its investments in Milkground Food's subsidiary Ground Dairy for USD66.1 million (RMB460 million), expanding its share of the domestic chees...

Dairy Products China News 202001

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