Bright Dairy completes acquisition of Weetabix
Bright Dairy & Food Co Ltd completed its acquisition of British food processing company Weetabix Ltd on Nov 2, in the biggest overseas M&A deal for a Chinese company ever.
SPX Corp. has won a $40 million contract to establish a dairy-processing plant in Shanghai, China, for Bright Dairy & Food Co. Ltd. and yogurt-processing systems in Bright Dairy's 155,000-square-meter facility, now under construction in Shanghai.