China Mengniu Dairy Company Limited Announces Acquisition of Stake in and Cash Offer for China Modern Dairy Holdings Ltd.January 4, 2017
S&C is representing China Mengniu Dairy Company Limited in its acquisition of a 16.7 percent stake and subsequent mandatory cash offer for China Modern Dairy Holdings Ltd. (CMD).
The Mengniu Group is one of the leading dairy product manufacturers in the People's Republic of China, principally engaged in manufacturing and distribution of quality dairy products including liquid milk, ice-cream, milk formula and other dairy products. CMD Group is the largest dairy farming company in terms of herd size as well as the largest raw milk producer in China.
The S&C team on the transaction was led by Gwen Wong and Kay Ian Ng, along with Alan Zhang and Jerry Gao.