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China's Leading Dairy Company Yili Buys Thailand's Largest Local Ice Cream Enterprise, Accelerating Its Internationalization

BANGKOK, Thailand, Dec 3 (Bernama) -- Yili Group held a grand signing ceremony in Bangkok, Thailand on November 29th to officially buy Chomthana, which is the largest domestic ice cream company in Thailand.

In 2018, the internationalization process of Yili is frequent. First, it upgraded the European Innovation Center in cooperation with Wageningen University in the Global Dairy Mount Everest. Then its products were listed on the Indonesia market to share the Yili quality with Indonesian consumers. On the 28th, it was announced that overseas acquisitions would make Thailand's largest domestic ice cream company into their charge.