China Mengniu Dairy is one of China's largest dairy companies, with an annual production capacity of 10.27 million tonnes of milk from 43 domestic production locations and one each in Indonesia and New Zealand. Most of the company's revenue comes from liquid milk, with ice cream, milk formula and cheese comprising the rest of its diversified product portfolio. In December 2019, Mengniu a completed the acquisition of Bellamy’s Australia Limited, an Australian organic infant formula and baby food provider.
China Mengniu Dairy sits within the animal protein and food and beverage processing segments, ranking towards the top half of both. In both, it performs best in the nutrition measurement area, followed by the environmental, governance and strategy, and social inclusion dimensions. In the nutrition measurement area, the company performs better than most of its peers thanks to its efforts for responsible marketing, which is applicable to the processing segment, and for food safety, which is applicable to both of its segments. It performs better in the governance and strategy measurement area compared to its peers in the animal proteins segment than those in the processing segment. Regarding the social dimension, the company performs relatively better among its animal protein peers than those in the processing segment.
More about the company
- Causeway Bay, Hong Kong
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees