Mueller Milch has joined Olympus Capital Holdings Asia and California Technology Ventures backing Huaxia Dairy in a $45m funding round.
Germany-based dairy company Theo Mueller’s private equity affiliate has backed a $45m funding round for a Chinese dairy three years after a milk safety scandal poisoned some people.
Mueller Milch Management has backed Huaxia Dairy alongside Olympus Capital Holdings Asia, a private equity firm.
Mueller Milch will invest $10m, while Olympus will invest $30m and previous investors in Huaxia will invest $5m.
Bernd Pfister, managing director of Mueller Milch Management, said: "China represents one of the most exciting…
