2016/06/06
BDA advises CHS on sale of CHS Ningbo Protein Foods to Shandong Wonderful
CHS Ningbo Protein Foods a subsidiary of CHS has been acquired by
2016
BDA Partners (“BDA”) is pleased to announce that its client, CHS Inc. (“CHS”), has divested its wholly-owned subsidiary, CHS Ningbo Protein Foods Ltd. (“CHSN”) to Shandong Wonderful Industrial Group Co., Ltd. (“Wonderful”).
Established in 2003 and based in Ningbo, China, CHSN is a leading provider of food-grade soy products, to the PRC, Asian and global markets.
BDA acted as the exclusive financial advisor to CHS on the transaction.
BDA has a long record of advising blue-chip global clients on divestment transactions in China, across Asia and beyond. Should you have any questions about this transaction, please contact Jeffrey Wang.
Deal team
Charlie Maynard
Co-Founder, Non-Executive Chairman, Senior Advisor
London
About CHS Inc.
Headquartered in Minneapolis, MN, USA, CHS Inc. is a globally-integrated Fortune 100 company supplying energy, crop nutrients, grain marketing services, animal feed, food & food ingredients, and financial & risk management services. It employs over 11,000 people across North America and in 25 other countries globally and generated US$35bn in net revenues in fiscal year 2015.
About Shandong Wonderful
Headquartered in Dongying, Shandong Province, China, Shandong Wonderful Industrial Group is one of China’s leading non-GMO manufacturers and exporters of vegetable protein products such as protein isolates, soy concentrates and soy flour. A global exporter to over 40 regions and countries globally, it holds halal, kosher, HAACP and IP (SGS) certifications for its broad range of soy-based products.
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