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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Yili’s acquisition of Westland Dairy wins OIO approval

A High Court hearing Thursday will finalise the scheme of arrangement.

The Overseas Investment Office (OIO) has approved Yili’s acquisition of West Coast dairy co-operative, Westland Dairy.

Yili is a Shanghai-listed company that sells liquid milk, milk powder, yoghurt, ice cream and cheese in China. Westland employs 573 people and exports 87.5% of its dairy

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Sanjay Prakash Tue, 16 Jul 2019
Contact the Writer: Sanjay@nbr.co.nz
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Yili’s acquisition of Westland Dairy wins OIO approval
General Business,
80096
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