Nisun International Enterprise Development Group Co., Ltd has announced a significant expansion into the edible oil trading sector through the acquisition of Zhetai (Tianjin) Trading Co., Ltd, a leading edible oil trading company in Northern China. This strategic move is aimed at enhancing Nisun International's supply chain trading capabilities and market presence. Zhetai Tianjin, now a majority-owned subsidiary of Nisun International, specializes in the procurement, storage, refining, logistics, and distribution of edible oils such as soybean, rapeseed, and palm oil. The acquisition is expected to drive significant growth, with Nisun International targeting RMB 3 billion (USD 415 million) in revenue from the edible oil business in 2025.
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