Capital, Earnings & M&A
Haitian Invests 40 Million in Vinegar, Stirring Up the 25 Billion Market: 70% of Small Workshops Are Shaking!
Haitian Flavouring & Food Co., Ltd. is acquiring a 70% stake in Zhenjiang Danhe Vinegar Industry Co., Ltd. for 40.271 million yuan, aiming to strengthen its vinegar business and challenge the industry leader Hengshun. This move could reshape the highly fragmented vinegar market, where 70% of producers are small workshops.
龙井