26 September 2018

Yili in strategic tie-up with Sterilgarda Alimenti, paper says

Inner Mongolia Yili Industrial Group Co. (600887.CN) said Tuesday that it has entered into a strategic partnership with Italian dairy produce company Sterilgarda Alimenti S.p.A, and that the pair will discuss cooperation for liquid milk business in the Shanghai market, the China Securities Journal reported Tuesday. Sterilgarda Alimenti is involved in liquid milk, cream, ketchup and other food products in Italy, and owns a patented membrane filtration technique, the report noted.

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