ausnutria dairy
Ausnutria Dairy Corporation Ltd (Stock code: 1717.HK), established in Changsha City, Hunan Province, the PRC in September 2003 and listed on The Stock Exchange of Hong Kong Limited in October 2009, stands out as the first Chinese infant formula company to list in Hong Kong. The company is a global player in the dairy industry, with a comprehensive range of activities that include research and development, milk collection, processing, production, packaging, marketing, and distribution of infant formula and other dairy products.
With a strategic vision for long-term international growth, Ausnutria has made significant strides in expanding its global footprint. In 2011, it acquired Ausnutria Hyproca B.V. in the Netherlands, a dairy company with a rich history spanning over a century. This was followed by the investment and construction of the Pluto Factory and the Hector Factory in the Netherlands in 2014, and the acquisition of Nutrition Care, an Australian nutritional products company, in 2016. Further solidifying its presence down under, Ausnutria acquired ADP and Ozfarm in Australia in 2017.
The company's growth trajectory continued with the introduction of CITIC Agricultural Fund as its largest shareholder in 2018 and later, in January 2022, Yili Industrial, a leading entity in the PRC dairy industry, took the mantle as the company’s single largest shareholder. Ausnutria boasts a robust network of nine factories globally, including one in the PRC, five in the Netherlands, two in Australia, and one in New Zealand, which collectively contribute to a diversified product portfolio covering infant formula, toddler formula, adult formula, liquidity milk, probiotics, purees, and other nutrition products.
The company operates through two main segments: the Ausnutria segment, which focuses on the manufacture and sale of branded pediatric cow milk formula products primarily in Mainland China and Hong Kong, and the Ausnutria Hyproca segment, which oversees the manufacture of dairy products in the Netherlands and their distribution to a global customer base.