Nestlé to sell Yinlu peanut milk and canned rice porridge businesses in China
Nestlé has signed a deal to divest its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise for an undisclosed price. The deal includes all the operations of Yinlu, which includes five factories across Fujian, Anhui, Sichuan, Hubei, and Shandong. It is expected to be wrapped up by the end of […]