Sold out to Coca-Cola Huiyuan Juice has never stopped looking for new home buyers. Shanghai Securities News was informed that the former chairman of Bright Dairy Group to join WangJiaFen Capital private equity funds have come into contact with JiYuan Huiyuan Juice, and hopes that the way of additional share capital into Huiyuan, but the ceremony was to refuse the new Premier.
Subsequently, the market came news of Blackstone Group, Carlyle Group and TPG private equity funds and other companies are looking to buy a minority stake in Huiyuan Juice.
this, Huiyuan Juice Chuping spokesman said that no evaluation, while emphasizing the Huiyuan is fully committed to the current production and sales.
Huiyuan, a long-term concern of the industry, said Zhu Xin-li, "to Huiyuan," the intention has been agreed, although the final out of the Coca-Cola to buy Huiyuan, but remains in constant contact with Huiyuan's intention to buy a new party, stands ready to leave.
show that in May 2008, after retirement from the Bright Dairy WangJiaFen investment partner to join JiYuan capital, the latter by the Granite SiGe capital and capital in the merger in 2008. ZhuoFu founder SiGe capital WangJiaFen people will be attracted into the JiYuan capital, the people who ZhuoFu Shanghai Industrial Group CEO, is a real restructuring of the holding in Bright Dairy in 1996 when one of the important participation of the leadership.
this origin, Huiyuan Juice JiYuan capital investment of enthusiasm is not hard to understand it. In late March, the Commerce Department formally rejected the acquisition of 2.4 billion U.S. dollars of Coca-Cola Huiyuan case. According to sources, from the beginning of April, WangJiaFen where the capital came into contact JiYuan Huiyuan Juice, I hope to share additional Huiyuan Juice holding 20-30% stake. JiYuan capital to create a financial investment and the combination of industrial investment, output management team to Huiyuan, hosted a half to take over Huiyuan.
However, this proposal was not ultimately accepted Huiyuan. Informed sources said that Zhu would like to present a new ceremony of existing shares through a direct cash sale to gradually and eventually give up Huiyuan. As for the recent interest in buying more than a small number of fund shares, the analysis may indicate that the industry has cash flow Huiyuan thirst.
"means the sale of a small part of the shares of the new Lilly Zhu Huiyuan Juice will continue to bear the operation and management of tasks, this does not conform to the new Premier of the long-term ceremony, a Huiyuan Juice may be the current cash flow is already very tight, leading to its at stake in the sale of a small number of emergency financing. "analysts said.
4 months, Hong Kong-listed Huiyuan Juice in 2008 Annual Report released by multiple factors, Huiyuan profit dropped 86.1 percent, only 88.9 million yuan. Gross margin fell to 35.7 percent from 32.2 percent. And a year ago, Huiyuan Juice in 2007 net profit up 189 percent, to 640 million yuan.
"Despite the financial crisis, but the Wahaha in 2008, Master Kong, such as soft drinks are still massive growth in business, in which case, Huiyuan magnitude reduction in profits than the market expected." Entrepreneurial Hejun Tang Hao said partner.
entered in May 2009, Wahaha, such as the disclosure of substantial growth enterprises market sales, while a spokesman for Huiyuan Huiyuan juice-related sales this year's closely-guarded secret.