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KFC Chooses Mengniu Over Nestle, Citic and Bear Back On Track

Here's a follow-up to two of my previous posts. KFC selects Mengniu as its lead supplier of dairy products in China, replacing the decades-old dairy contract with Nestle. As I mentioned before, KFC's parent company, Yum! Brands, Inc. (NYSE:YUM),... ...full story at Zhonghuarising

from Zhonghuarising on Tue, Oct 23 2007

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16 Mar 08 visit Philanthropy in China (Mandarin)  »  YouTube videoNiu Gensheng, chairman of Mengniu Dairy Group, has donated all his shares in one of China's largest milk companies to a foundation devoted to agriculture, education and medical endeavors. He talks with WSJ's Li Yuan to talk about philanthropy and the...
26 Sep 08 visit Melamine-tainted products found in Macau  »  Shanghai Daily THE banned chemical melamine was found in samples of biscuits made by Lotte, a drink made by dairy firm Mengniu and milk powder by Nestle in Macau, Xinmin.cn reported today. The Health Bureau of Macau checked...
05 Dec 08 visit Lessons From KKR - Mengniu Deal. Don’t Drink the Milk  »  All Roads With nearly 2 months behind us since the news of China’s milk scandal hit the news, KKR looks like they are ready to put on their hit boots and jump into the middle of a huge deal for Mengniu, China’s largest dairy. Long skeptical of the dairy...
23 Oct 08 visit Six more arrests over melamine-tainted Chinese dairy products  »  People's Daily Police in north China have arrested six men on suspicion of adding fake protein formula to fresh milk supplied to Mengniu, one of the country's biggest dairy companies. The men, aged from 37 to 57, were all natives of Inner Mongolia Autonomous...
17 Oct 08 visit Dairy giants pledge to improve quality control  »  People's Daily China's two biggest dairy giants Mengniu and Yili yesterday pledged to take control of milk collection and encourage farmers to send their cattle to company farms for better quality control. The two also said their current products are totally safe. ...
13 Oct 08 visit Dairy giants apologize for scandal  »  People's Daily Top managers of the country's three leading dairy companies - Mengniu, Yili and Bright Dairy - issued their first public apology yesterday for their companies' involvement in the ongoing contaminated milk scandal. During a talk show program, Dialogue,...

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