Xuancheng Jiangnanfeng Food has been acquired by Anhui Youweijia Food
The Chinese subsidiary Jiangnanfeng Food Co., Ltd (JNF Anhui) has been sold to Anhui Youweijia Food Co., Ltd.
JNF Anhui is a poultry processor with over 20 years of operation history in China. The company specializes in harvesting small-sized broilers, and supplies fresh and frozen chicken meat and by-products to supermarkets and restaurants in China. The production facility is strategically located in Xuan Cheng, Anhui province.
Anhui Youweijia Food is a holding company backed by private investors from the cold-chain logistics industry. By acquiring JNF Anhui, the investors quickly entered into the food sector and expect to integrate the business into their existing logistics networks.
Oaklins’ team in Shanghai acted as the exclusive financial advisor and provided professional insights and guidance to the seller in this transaction, leading the entire sale process. This is Oaklins’ sixth divestiture transaction for multinationals in China in the past four years.
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