What makes the world's largest soft drink company partner with a Chinese dairy giant? The answer is a joint venture. Coca-Cola set up a JV with Mengniu (02319 HK) in China. The new joint venture just got approval from the State Administration for Market Regulation to produce and sell low-temperature milk products in China.
“The newly established joint venture will take advantage of both sides in dairy R&D, dairy processing technology, brand influence, and distribution . . .
This content is restricted to members only. Please press this link to register. Already a member? Please login.
