Dayao Soda Water responds to "will be acquired by KKR": the management team is stable, and the nationalization and rejuvenation strategy remains unchanged.
Beverage brand Dayao Jiabin Beverage Co., Ltd. equity case has made progress. According to informed sources, the acquisition of 85% equity of Dayao Soda by the American private equity company KKR has passed the public notice period. Individuals familiar with the transaction said that the transaction is currently in progress, and the delivery will be conducted in multiple stages, expected to start within this year. After the acquisition is completed, the next step for Dayao Soda may involve not only nationalization but also internationalization. Dayao stated that the current management team is stable, and the company's business is being conducted in an orderly manner. All future decisions will revolve around the long-term development of the brand and providing better products and services to consumers. There will be no changes to the nationalization and rejuvenation strategy.
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