Fosun, Nanjing Sinolife to acquire New Zealand nutrients maker
Fosun Capital and Nanjing Sinolife United have formed a joint venture to acquire Good Health Products, a New Zealand-based nutritional supplements maker and distributor, for NZ$23.37 million ($18 million).
Nanjing Sinolife owns 60% of the joint venture - known as Shanghai Weiyi - while Fosun Shanghai Chuangfu Shareholding Investment Fund holds the remaining stakes. As Good Health has an established internet...
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