Chomthana is the largest domestic ice cream and frozen food distributor in Thailand. It has more than 37 years of experience and its products cover many fields such as ice cream, bread and dessert.
The acquiring is an important measure for Yili to gather global energy and deepen mutual benefit and achieve win-win situation, a statement said.
“In the process of promoting internationalization, Yili always adheres to the concept of 'openness, cooperation and win-win', and devotes to the dream of 'making the world healthy',” said chief executive officer of Yili Group, Zhang Jianqiu.
With the deepening of global economic integration, the company accelerates the pace of internationalization with the help of ‘the belt and road’. It also continues to promote the global dairy industry with complement resources, innovative synergy and mutual benefits.
This year, Yili has upgraded the European Innovation Center in cooperation with Wageningen University in the Global Dairy Mount Everest. Then its products were also listed on the Indonesia market to share the quality with Indonesian consumers.
Its revenue growth rate remained above double digits from 2008 to 2015 and had exceeded 68 billion yuan by 2017, ranking first in the industry steadily with the year-on-year growth of 12.29 per cent.
-- BERNAMA
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