The domestic listed food company Xiwang Food said in its press release recently that to better develop in China’s local market and improve the market share, the company aims to invest 240 million yuan to the sports nutrition company Iovate.

Now Xiwang Food accounts for 80% of the total shares of Beijing-based  Ivoate，which is responsible to sell Kerr’s product in China. (Source: baijiahao)

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