6 June 2016
BDA advises CHS on sale of CHS Ningbo Protein Foods to Shandong Wonderful
Divested CHS Ningbo Protein Foods to Shandong Wonderful
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.
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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