Nestle finishes acquisition of 60% stake in Yinlu - Peoples Daily Online

vlbove318614

XIAMEN, Nov. 17 (Xinhua) -- Swiss edible giant Nestle SA Thursday officially finished the acquisition of a 60 percent stake within China's Yinlu Foods Group.
At a ceremony among the southeastern city of Xiamen,エルベレジェ,household to the headquarters of Yinlu,バーバリー アウトレット, the two likewise announced they ambition jointly invest two.five billion yuan (394 million U.S.dollars in Yinlu to expand fashionable and build fashionable institution facilities nationwide.
Chen Qingyuan,レイバン サングラス, chairman of Yinlu,ディオール 店舗, said the company longing quest the aid of Nestle to acquaint Yinlu an international brand and to expand into the international mall.
Roland Decorvet, chairman and CEO of Nestle China,イヴサンローラン 通販, said Yinlu has a very comely understanding of the tastes of Chinese buyers and the Chinese mall and likewise has very extensive delivery and bargains network,while Nestle has wealthy experience amid fields favor research and evolution and management.
The two declined to disclose the cost of the acquisition.
Yinlu,known as its peanut bust and instant porridge productions reported a revenue of five.four billion yuan within 2010, up 52.5 percent from a yearly ago.
Related articles：

  
   http://cyworld.ifensi.com/ps2/diary/diary_view.php?mh_id=2014182162&diary_date=20120903&postid=683142
  
   http://gone.cc/forum.php?mod=viewthread&tid=180531
  
   http://www.sycil.net:81/luntan/forum.php?mod=viewthread&tid=371910