Tian Tu Capital (HKG:1973) said its unit and associate completed the sale of 86.96% equity interest in Yoplait Dairy to Kunshan Nuoyuan Ruiyuan Management Consulting for 1.57 billion yuan, according to a Tuesday Hong Kong bourse filing.
Following completion, the private equity investor and fund manager no longer holds any equity interest in the target firm, which engages mainly in the production and sale of yogurt and other milk beverages in China.
Subsidiary Shenzhen Xingqi Investment Enterprise (Limited Partnership) and Shenzhen Tiantu Xingpeng Consumption Industry Equity Investment Fund Partnership, a limited partnership fund controlled by the firm, entered into the sale agreement in December 2025.