
China food-and-beverage group Tianyun International Holdings has acquired a minority stake in domestic sports drinks supplier Jianlibao Asia to help grow the company’s export footprint.
The Chinese investment firm acquired a minority stake in the manufacturer for 300m yuan ($42.1m).
China food-and-beverage group Tianyun International Holdings has acquired a minority stake in domestic sports drinks supplier Jianlibao Asia to help grow the company’s export footprint.