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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nisun International Enterprise Development Group Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN05755) on June 09, 2025, and is solely responsible for the information contained therein.
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