Olympus-Led Group Injects $50M into China’s Huaxia Dairy

Asia buyout firm Olympus Capital is leading an investor group that has injected $50 million to expand China's Huaxia Dairy Farm Ltd., a company that produces the raw milk that is in short supply in China's growing dairy sector, Reuters reported Thursday. This is the second Olympus-led injection into Huaxia. Last year the firm led a group including European dairy firm Mueller Milch Management that invested $45 million for a minority stake.

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