News

CHINA/US: SkyPeople Fruit Juice looks to raise investment

Most popular

Remy Cointreau Performance Trends 2016-2020

Campari and Cuervo - The next big spirits buy?

just-drinks meets Stoli Group CEO Hugues Pietrini

White spirits trying to ride hard seltzer craze

Spirits gift boxes will not be missed - comment

MORE

SkyPeople Fruit Juice, the US-listed juice producer operating in China, is stepping up efforts to raise funds from US investors.

SkyPeople has retained HC International as its strategic investor relations advisor with a mandate to be more proactive in attracting investors.

"They are looking to expand their exposure to US investors through more aggressive outreach programmes with us," HC International senior vice president John Mattio told just-drinks.

"We specialise in putting our clients in front of institutional investors who run hedge and mutual funds," he said.

SkyPeople is a holding company for Chinese firm Shaanxi Tianren, which produces concentrated apple, kiwifruit, pear and a branded consumer fruit juice.

SkyPeople recently reported third quarter net profits and sales up by 76% and 67% respectively on the same period a year earlier.

China's juice market has been hotly tipped for growth and is attracting major foreign interest.

Last year, China's Ministry of Commerce blocked Coca-Cola from acquiring China's juice market leader, Huiyuan Juice Group, for US$2.4bn. Still, the US soft drinks giant has pledged to invest $2bn over the next three years in China, which is its third largest soft drinks market in volume terms.


Sectors: Soft drinks, Water

Related Content

Using Big Data to create smart shops - the future of retail in China - analysis

Using Big Data to create smart shops - the future of retail in China - analysis...

How helping poorer US consumers is set to hammer the soft drinks industry - Consumer Trends

How helping poorer US consumers is set to hammer the soft drinks industry - Consumer Trends...

"Africa is Asia in 15 to 20 years from today" - just-drinks speaks to Pernod Ricard CEO Alex Ricard...

FREE TO ACCESS - The future of autonomous delivery - just-drinks FUTURES Vol. 1

FREE TO ACCESS - The future of autonomous delivery - just-drinks FUTURES Vol. 1...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?