Feihe, China's Largest Infant Formula Maker, to Acquire Heilongjiang Production Base for 685 Million Yen

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Feihe, China's largest infant formula maker, will acquire a production base in Heilongjiang Province for approximately 685 million yen. Through this acquisition, the company aims to expand production capacity and strengthen its supply chain. Details of the base to be acquired and the expected completion date of the transaction have not been disclosed.

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Consumer Staples · 1 stocks
China Feihe Ltd
6186
▲ PositiveCapitalrelevance

Acquisition of production base to expand capacity and strengthen supply chain.