TianTu Investment has announced the sale of its equity in Yuno Dairy Co., Ltd. to Kunshan Nuoyuan Ruiyuan Management Consulting Co., Ltd., marking a strategic move to achieve investment returns while the yogurt industry in China continues to exhibit strong growth.

Information on the Target

On December 1, Shenzhen Tiantu Investment Management Co., Ltd. announced the sale of its equity stake in Yuno Dairy Co., Ltd. (commonly known as Yuno China) to Kunshan Nuoyuan Ruiyuan Management Consulting Co., Ltd. The parties have reached an agreement regarding this transaction. Yuno China operates as the mainland branch of Yoplait, the world's second-largest yogurt brand, which was founded in France in 1965 and entered the Chinese market in 2013.

Since Tiantu Investment acquired Yuno China in 2019, it has been authorized to conduct research, production, and marketing for the Yoplait brand in mainland China. Over recent years, Yuno China has diversified its core offering of low-temperature yogurt products, expanding from its classic Yos series to include Greek yogurt, Icelandic-style yogurt, and children’s yogurts. Furthermore, the company has extended its product lines to include fresh milk, yogurt ice cream, and smoothies, creating a robust and varied portfolio of chilled dairy products that continue to receive widespread appeal among Chinese consumers.

Industry Overview in China

The dairy industry in China has been experiencing significant growth amidst rising health consciousness and demand for nutritious food options among the population. The yogurt segment, in particular, has seen expon