- Huiyuan Juice
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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) (SEHK: 1886), 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
- ^ "Huiyuan Juice set for HK listing". People's Daily. 2007-02-10. http://english.people.com.cn/200702/10/eng20070210_349100.html. Retrieved 2008-07-07.
- ^ "China Huiyuan Juice Group Limited". investing.businessweek.com. http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=32444159. Retrieved 2008-07-07.
- ^ Coca-Cola to Buy China's Huiyuan for $2.3 Billion
- ^ "Coca-Cola purchase of Huiyuan 'still under antimonopoly review'". China Daily. 2009-03-16. http://www.chinadaily.com.cn/china/2009-03/16/content_7584295.htm. Retrieved 2009-03-18.
- ^ [1]
- ^ MacArtney, Jane (2009-03-18). "China rejects Coca-Cola bid for juice group". Times Online (London). http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article5930274.ece. Retrieved 2009-03-19.
huiyaun is from Changzhou== External links ==
- China Huiyuan Juice Group Limited Official website
- China: Coca-Cola / Huiyuan Deal Is First Acquisition Blocked By China Antitrust Review - Mondaq, 25 March 2009
Beverage companies of ChinaHangzhou Wahaha Group • Harbin Brewery • Huiyuan Juice • Jianlibao Group • Kingway Brewery • Kweichow Moutai Company • Wahaha Joint Venture CompanyCategories:- Companies listed on the Hong Kong Stock Exchange
- Companies based in Beijing
- Companies established in 1992
- Beverage companies of China
- Warrants issued in Hong Kong Stock Exchange
- Privately held companies of the People's Republic of China
- Juice drink brands
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