Meiji Holdings sells China dairy, B2B unit to Shanghai AustAsia Food for RMB 320 million

Reuters2026/07/21 09:18

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Meiji Holdings agreed to sell its China dairy (drinking milk, yogurt) and B2B business to Shanghai AustAsia Food via a share transfer.
Deal value set at RMB 320 million, subject to closing net-asset adjustments; Meiji’s equity interest in the target falls to 0% from 100%.
Assets include operations tied to Meiji (China) Investment, Meiji Dairies (Tianjin), Meiji Dairies (Suzhou); closing conditions apply under the share transfer agreement.
Meiji plans to reallocate resources in China toward focus areas such as chocolate; certain yogurt-related IP and brands are excluded.
Trademark licenses planned for some products, with Meiji quality standards, audit rights, and termination rights tied to serious quality issues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meiji Holdings Co. Ltd. published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Meiji Holdings sells China dairy, B2B unit to Shanghai AustAsia Food for RMB 320 million

You may also like

Crypto prices