Company Overview of Hangzhou Wahaha Group Co.,Ltd.
Hangzhou Wahaha Group Co.,Ltd. manufactures and supplies food and beverage products. Its product lines include dairy drinks, bottled water, carbonated drinks, bottled tea, juices, canned food, medicine and healthcare products, snacks, infant food, and liquor. The company also provides clothing for kids. It markets its products in China and internationally. Hangzhou Wahaha Group Co.,Ltd. was formerly known as Wahaha Nutritional Food Factory and changed its name to Hangzhou Wahaha Group Co.,Ltd. in 1997. The company was founded in 1987 and is headquartered in Hangzhou, China. It has a network of subsidiaries in China.
Founded in 1987
Key Executives for Hangzhou Wahaha Group Co.,Ltd.
Founder, Chairman and General Manager
Compensation as of Fiscal Year 2015.
Hangzhou Wahaha Group Co.,Ltd. Key Developments
Investors Reportedly Seeking Acquisition Of Stakes In Van Diemen's Land Company
Sep 29 15
Investors are reportedly seeking acquisition of stakes in The Van Diemen's Land Company. New Hope Group Co., Ltd. is interested in acquiring stakes in Van Diemen's Land Company. It is understood the interested acquirer is New Hope dairy group, although Tony McKenna of Lempriere Capital Partners, who is advising VDL, denies this. Tony McKenna recently flew to China to hold talks with potential suitors, and one suggestion was the group would buy 80% of the business, with the original owners, an entity controlled by New Plymouth District Council, remaining as a small shareholder. Other parties said to be looking are Southern Pastures Limited Partnership and Hangzhou Wahaha Group Co.,Ltd.
AC Milan Reportedly To Be Acquired By a Consortium of Five Companies
Apr 8 15
Associazione Calcio Milan s.p.a. will be acquired by a consortium of five companies from Silvio Berlusconi, according to press agency Xinhua. The five companies, represented by Hong Kong businessman Richard Lee are Dalian Wanda Group Corporation Ltd., Hangzhou Wahaha Group Co.,Ltd., Alibaba Group Holding Limited (NYSE:BABA) and an unnamed Thai company. Fu Yixiang, Vice President of the Italy-China Chamber of Commerce said, none of the companies would be able to afford to pay the necessary €1 billion to purchase the whole of the club. A consortium made up of several big companies will pay for half the billion, while the other half will be collected through crowdfunding.
Hangzhou Wahaha Group Denies Acquisition Of AC Milan
Apr 2 15
Hangzhou Wahaha Group Co.,Ltd. denied acquisition of Associazione Calcio Milan s.p.a. The billionaire chairman of Chinese drinks maker Hangzhou Wahaha Group Co has knocked back reports he is planning a bid for struggling Italian soccer giants AC Milan, currently controlled by Italy's former prime minister Silvio Berlusconi. Zong Qinghou said “reports in Italian media that he was planning to purchase up to 75% of the Italian team were sheer fiction.” “We have no intention of getting into the soccer sphere, and have not made any contact with AC Milan," Zong Qinghou said on his official Sina Weibo microblog account on April 2, 2015. Reuters could not reach Wahaha for further comment.
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