# Miaokeland to acquire remaining 42.88% stake in Jilin Technology for CNY 601 million

Miaokeland (600882.SH) announced it will acquire the remaining 42.88% stake in Jilin Guangze Dairy Technology Co., Ltd. from its controlling shareholder Inner Mongolia Mengniu Dairy for CNY 601 million. After the deal, Miaokeland will own 100% of Jilin Technology, which holds key cheese production subsidiaries.

- Type: Acquisition
- Announced: 2023-05-31
- Where: China
- Value: $85.0M (601.0M CNY)
- Status: announced
- Products: cheese
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Miaokeland](https://endata.com/companies/70564.md) (acquirer)
- [Inner Mongolia Mengniu Dairy](https://endata.com/companies/70565.md) (partner)
- [Jilin Guangze Dairy Technology Co., Ltd.](https://endata.com/companies/70566.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/938536.html), 2023-05-31: "妙可蓝多(600882.SH)公告，公司拟以6.01亿元人民币现金收购控股股东内蒙古蒙牛乳业(集团)股份有限公司所持有的吉林省广泽乳品科技有限公司42.88%股权。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
