date:May 12, 2014
Dutch dairy co-operative Royal FrieslandCampina has entered into exclusive talks with China Huishan Dairy Holdings to create joint venture (JV) to produce, market and sell infant milk formula in the Peoples Republic of China.
Both the firms intend to create a JV to operate a fully integrated infant milk formula supply chain in China, while the companies will continue to run their existing infant milk formula businesses separately.
In the JV, Huishan will provide its high-quality raw milk from