M&A & Private Equity / 3 Dec 2020

Borenius advised Yangshengtang Co., Ltd on its investment into Nordic Koivu

We advised Chinese Yangshengtang Co., Ltd when its subsidiary, Hong Kong based Windseeker Development Limited, invested in Nordic Koivu, a birch sap producer. The investment makes Windseeker one of the Nordic Koivu Group’s significant minority shareholders.

Windseeker is a subsidiary of YST Group, a major Chinese group with investments e.g. in bottled water, healthcare products, food and snacks, bio-pharmaceuticals, skincare and cosmetics, agriculture and other research fields. One of the YST Group’s investment targets is Nongfu Spring, a leading packaged drinking water and beverage company, which is listed on the HK stock exchange. Another is Beijing Wantai, a company that specialises in the diagnostic and vaccine industry and is listed on the Shanghai stock exchange.

Nordic Koivu, founded in 1996, produces high-quality birch sap as a ready-to-drink consumer product and as an ingredient used in the beverage and cosmetics industries.

Share on LinkedInTweet about this on TwitterShare on Facebook