Huiyuan Juice

Huiyuan Juice
China Huiyuan Juice Group Limited
中国汇源果汁集团有限公司
Type Listed company
Industry Juice production
Founded 1992
Founder(s) Mr. Zhu Xinli
Headquarters Beijing, People's Republic of China
Area served People's Republic of China
Key people Chairman: Mr. Zhu Xinli
Website China Huiyuan Juice Group Limited

China Huiyuan Juice Group Limited (Simplified Chinese: 中国汇源果汁集团有限公司, Traditional Chinese: 中國匯源果汁集團有限公司) (SEHK1886), established in 1992 and headquartered in Beijing, is the largest privately-owned juice producer in China.[1] It is engaged in the manufacture and sales of juice and other beverage products. Its products include fruit juice and vegetable juice, nectars, bottled water, tea, and dairy drinks.[2] It was listed on the Hong Kong Stock Exchange in 2007.

In 3 September 2008, Atlantic Industries, the full subsidiary of Coca Cola Company agreed to buy China Huiyuan Juice for HK$17.9 billion at HK$12.20 per share, three times more than its closing price of HK$4.14 on the previous day. Its shares closed at HK$10.94 on that day.[3] The proposed takeover was subject to anti-monopoly review by the Chinese Ministry of Commerce, which was scheduled to finish on 20 March 2009.[4] On 17 March, it was reported that Coca Cola was considering abandoning the deal, as Chinese authorities insisted on relinquishing the Huiyuan brand name after acquisition.[5] On 18 March, the Ministry of Commerce disallowed the bid, citing market competition concerns.[6]

References

huiyaun is from Changzhou== External links ==



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