September 20, 2014 4:24 PM ET

Food Products

Company Overview of Hangzhou Wahaha Group Co.,Ltd.

Company Overview

Hangzhou Wahaha Group Co.,Ltd. manufactures and supplies food and beverage products. Its product lines include dairy drinks, bottled water, carbonated drinks, bottled tea, juices, canned food, medicine and healthcare products, snacks, infant food, and liquor. The company also designs, manufactures, and sells fashionable kids wear for newborns and children up to fourteen years of age. In addition, it owns and operates a boutique shopping mall. The company markets its products in China and internationally. Hangzhou Wahaha Group Co.,Ltd. was formerly known as Wahaha Nutritional Food Factory and changed its name to Hangzhou Wahaha Group Co.,Ltd. in January 1997. The company was founded in 1987 a...

No.160, Qingtai Street

Hangzhou,  310009

China

Founded in 1987

Phone:

86 571 8603 2866

Fax:

86 571 8684 6000

Key Executives for Hangzhou Wahaha Group Co.,Ltd.

Founder
Age: 69
Compensation as of Fiscal Year 2014.

Hangzhou Wahaha Group Co.,Ltd. Key Developments

Hangzhou Wahaha To Spin Off And List Department Store Business

Hangzhou Wahaha Group Co., Ltd. is seeking to spin off its department store business and list it seperately. Zong Qing Hou, Chairman of Wahaha Group, said that the group is also considering to spin off the department store business of the group for separate listing, Chinese media reported.

Hangzhou Wahaha, Tencent And New Hope Mulls Acquisitions

Hangzhou Wahaha Group Co., Ltd. is seeking acquisitions. Zong Qinghou, Chairman of Hangzhou Wahaha, said that he is looking for biotechnology companies and those that make energy-saving electric motors. Also Pony Ma, Chairman of Tencent Holdings Ltd. said that he is looking at startup companies and has invested in venture capital funds to help find them. Liu Yonghao, Chairman of New Hope Group Co., Ltd. said that he plans to do agriculture-related investments in Southeast Asia, Egypt and South Africa. Pony Ma added, "We looked at several in the United States, small startup companies, those in the early stages of operations." Zong also added that Wahaha, has been in talks with several investment banks but declined to identify them.

Hangzhou Wahaha Eyes Lactanz Dairies

Rosmerta has put Lactanz Dairies up for sale with a price tag of AUD 30 million. Hangzhou Wahaha Group Co., Ltd. is expected to visit four Lactanz dairies in early 2013.

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