Huishan Dairy and Friesland(Dutch) enter into exclusive talks on joint venture for infant milk formula in China
To expand their business and enrich their product line, Huishan Dairy plan to cooperate with Friesland to produce, market and sell high-quality infant milk formula in China.
Huishan will provide its high-quality raw milk from its own dairy farms in China to the joint venture and the joint venture will produce and market infant milk formula.
Both companies will continue to run their existing infant milk formula businesses separately. Huishan will carry on marketing its own brands. And Friesland’s Friso? brand will still be exclusively produced in the Netherlands and marketed by Friesland.