In 2006, Shuanghui Group, the largest meat processing enterprise in China, was acquired by Goldman Sachs Group and CDH. This acquisition caused great concern at that time, because Shuanghui was a famous national brand in China and the largest meat processing enterprise in China at that time.
Shuanghui Group was established in 1958, headquartered in Luohe City, Henan Province, mainly engaged in meat processing business. After the acquisition, Shuanghui continued to maintain a good development momentum and successfully listed on 20 14.
Although Shuanghui was acquired by foreign capital, it is still a China enterprise and occupies an important position in the meat processing market in China. At present, the controlling shareholder of Shuanghui is RotexIndustrialLimited, and the parent company of Rotex is Goldman Sachs Group in new york, USA.
Generally speaking, Shuanghui was acquired by Goldman Sachs Group and CDH Investment in 2006, but this does not mean that Shuanghui is no longer a China enterprise. Shuanghui still occupies an important position in the meat processing market in China, providing consumers with various meat products.