? On August 28th, the multinational group Nestle suddenly announced that it would
? On August 28th, the multinational group Nestle suddenly announced that it would sell its water business in Chinese mainland to Tsingtao Brewery Group. This deal. Nestle registered local brands Dashan, Yunnan Spring and three water companies in Kunming, Shanghai and Tianjin. All sold to Tsingtao Brewery Group. According to the agreement between the two parties, Qingta Beer Group will produce and sell Nestle Youhuo brand products, and Nestle also said that the two companies are committed to seamless handover. These transactions will not affect consumers' market access, customer sales points and employees.
? It is understood that in May this year, Nestle announced that it would explore the strategic options of most water businesses in North America, including potential sales possibilities. As part of this process, Nestle Company agreed to sell Nestle Canada's high-quality living water business to Ice River Springs in July. However, Nestle also said that the strategy does not include international brands and well-known high-end mineral water brands. In China market, Nestle acquired 70% equity of Yunnan Dashan on 20 10. And acquired the remaining 30% equity on 20 14. At present, Nestle's water business in China includes national brands and local brands, such as Nestle Youhuo, Dashan and Yunanquan. Nestle also said that it will continue to provide China consumers with iconic international brand aquatic products. ?
? In fact, Tsingtao Brewery Company is also developing its water business. July 20 19, Tsingtao Brewery launched three kinds of prince seaweed sodas. Huang Kexin, chairman of Tsingtao Brewery, said. In the future, in the vertical direction, Tsingtao Brewery will continue to be stronger and better in the main beer industry, and in the horizontal direction, it will rely on the superior resources of the enterprise to enrich the product categories, further expand the new kinetic energy space, and constantly empower the enterprise for high-quality development.