HPP, under the direction of partner Markku Mäkinen, advised the Finnish majority owners of a dairy joint venture LVDU Lapland Food (Fushun) Co., Ltd, which has commenced its operations in China, on an arrangement regarding the expansion of the company’s shareholder base and acquiring additional financing.
LVDU Lapland Food (Fushun) Co., Ltd is the first Finnish and Nordic food industry company to expand its operations into China. At the initial phase the cheese factory in Fushun produces cream cheese and yogurts. Currently the facility provides employment for over 60 people, but the amount of employees is meant to rise up to 300 people in 2013.
HPP’s partner Markku Mäkinen has resided in Peking for three years when working there as the chief legal counsel of Nokia China. HPP’s Chinese competence is complemented by associate Yanhuan Zhou who speaks Mandarin as her first language. The clients were advised also by associate Salla Viitikko.