Overseas M & keep on fighting and light yogurt business acquired by the French inconclusive

 Network】 【HC food industry news recently, Bright Food Group (hereinafter referred to as light Group) huge amounts of money trying to use 2.3 billion acquisition of the second-largest yogurt maker Yoplait (Yoplait yogurt) 50% stake in the nine in the tender offer, the Guangming Group bid top.

present, the takeover speculation has not been confirmed by a bright group. Guangming Group executives said the acquisition of French yogurt maker Yoplait50% stake still has not been the case group discussions, the Group did not make an offer to the latter.

public information, Yoplait was established in 1964, is the world's second-largest brand of milk products, occupies 9% of global market share, second only to Danone, the world is the fruit yogurt one of the leaders. Yoplait company by the French private equity fund partners Sodiaal PAIPartners and dairy co-holding, each holding 50%. PAIPartners want to sell shares in the hands, was hired last September to help the bank find a buyer, and the other shareholders decided to continue holding Sodiaal.

Guangming Group was established in 2006, is a food chain as the core of the modern urban industrial group. Group's core business by modern agriculture, food manufacturing and commerce industry chain composed. One from the Shanghai Yimin Food Factory, Shanghai NGS (Group), Shanghai Tangyeyanjiu (Group) and other companies formed from the relevant asset concentration, asset size 45.8 billion in 2009 sales revenue of 76.0 billion scale, owns four listed companies and many well-known brands.

overseas mergers and acquisitions keep on fighting

Throughout 2010, foreign acquisitions of Chinese food companies process, Guangming Group is undoubtedly the most carefully written one. In 2010, Guangming Group has negotiated mergers and acquisitions have CSR, Australia, United Biscuits UK companies. CSR company was Wilmar Group

to the end of last month, a bright group has just pulled out of the U.S. food retailers, the company's acquisition of GNC. It is understood that further negotiations on the two sides signed at the last minute, opted out of the light group. Cao Shumin, president of light that ultimately there is no negotiated acquisition because the GNC to go public, the fund company (GNC's shareholders) should all quit, and Guangming Group hopes that holding, the fund would stay.

Cao Shumin said to the media, before the Guangming Group in talks to acquire GNC mainly on account of holding, fund companies want to stay, so management will be more successful, Chinese businesses to mergers and acquisitions will generally experience management is not familiar with the problem. Guangming Group want to leave can help manage the fund.

public information, GNC is the largest U.S. health nutrition research and development, manufacturing and retail, the current production of more than 1,000 kinds of nutritional supplements, vitamins, sports drinks and other diet food. The company has more than 4,800 worldwide retail stores in the United States more than 1,300 distribution points, more than 1,000 of the shop in shop outlets, the total number of over 7100 retail outlets.

while the acquisition of GNC, Guangming Group has with the British company merger talks with United Biscuits, but the acquisition eventually die a natural death.

United Biscuits of Britain's acquisition of the reason why failures, Cao Shumin told the media that the talks until they have been focused on the acquisition of GNC, do not focus on the company to talk with United Biscuits. Guangming Group comparison was done, that GNC is relatively more suitable for light, it mainly talks with the GNC, and on the company's acquisition of United Biscuits forced to put down.

far, Guangming Group is the first international acquisition generous food enterprises in 2010 is bright, the new 3-year strategy for the Group the first year, here are carried out overseas mergers and acquisitions to generous lost in the end.

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