Synutra Planned Expansion Spotlighting China’s Dairy Development Strategy
May 15, 2020
Meisuli may become the fifth infant formula enterprise acquired by Synutra in the last two years. Up until now, Synutra owns forty-five registered infant formula recipes, eighteen of which were obtained through acquisitions.
From 2018 to 2019, nineteen of the top twenty dairy giants engaged in seventy-five cases of mergers, acquisitions, strategic alliances, or asset disposal. In the following years, China’s infant formula industry is expected to undergo further consolidation and upheaval driven primarily by mergers and acquisitions.
Synutra is currently in the process of acquiring Guangzhou Meisuli (美素力) Nutrition Co., Ltd. Established in 2005, Meisuli was registered with a capital of 20 million yuan and registered nine infant formula products in 2017, three stages each for three production lines, “宝素力," "喜素力” and “康素力." If the acquisition is successful, Meisuli will become the fifth infant formula enterprise acquired by Synutra within two years.
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