Laird Superfood has announced closing a $10 million financing round, funded entirely by Danone Manifesto Ventures (DMV) to support its growth initiatives. Since its launch in 2015, Laird Superfood, creator of plant-based superfood products, has quickly
Tag "Danone"
Danone and B Lab have announced an open source cooperation agreement that aims to accelerate the process for large, publicly listed multinationals to become certified as B Corps. B Lab
Danone announced that it is investing €240 million to build a new plant for its Early Life Nutrition business. With this investment, Danone will capitalize on strong and growing demand for its
Danone is paying Eur550 million to increase its stake from 29.2% to 67% in Moroccan dairy company Centrale Laitiere. Danone has held its 29.2% shareholding since 2001. Centrale Laitiere is
Pharmaceutical giant Pfizer is reported to be close to selling its $1.9 billion annual turnover infant nutrition business to Nestle for between $9 billion and $10 billion. With roughly 80%
Danone Research and Avantium have entered into a joint development agreement for the development of PEF bottles for Danone, the world’s second biggest bottled water business. The agreement forms another
Strong growth in emerging markets helped Danone to increase like-for-like sales by 7.8% to Eur19.32 billion and improve its trading operating margin by 20 bps to 14.72% in 2011. The
The global dairy market will offer strong growth prospects in the coming five years, but the uneven spread of this market expansion and an era of elevated pricing will create
Danone is to invest Eur6.2 million to expand capacity at its bottled water production plant at Salvetat in France. Part of the expenditure will be used to drill for new
Danone is entering the baby nutrition and medical nutrition markets in India. The French food and beverage group has agreed to acquire Wockhardt Group’s nutrition business and brands as well
Danone is acquiring Wockhardt Group’s nutrition business for Eur250m to enter the baby nutrition and medical nutrition markets in India. Danone is purchasing Wockhardt’s nutrition business and brands as well
Reflecting solid performances across all its business categories and geographical regions, Danone increased consolidated sales by16.3% to Eur9.73b in the first half of 2011 and trading operating income by 6.9%
French dairy group Lactalis, which already owns 29% of Parmalat, has made a Eur3.38b offer for the remaining shares in the Italian food group. The move is sure to raise
Astarta, the biggest producer of sugar and industrial milk in Ukraine, has entered a joint venture for the production and processing of milk with Danone, the world leader in dairy
With all of its divisions and regions posting gains, global food and beverages group Danone achieved a 14.2% rise in underlying net income to Eur1.67b on sales ahead by 13.5%
Danone has again called on the European Food Safety Authority (EFSA) to amend its evaluation processes and clarify the criteria used for the assessments of scientific evidence relating to the
Danone Baby Nutrition plans to invest Eur50m to significantly expand capacity at its baby food manufacturing plant at Macroom in Ireland. A subsidiary of French food and beverages group Danone,
Danone and Unimilk have completed the merger of their fresh dairy products businesses in Russia and other CIS member countries. The new entity, controlled by Danone with a 58% equity
Danone is acquiring YoCream, the leading producer of frozen yoghurt in the United States, for $103m. The deal will enable Danone to move into frozen yoghurt, a fast growing segment
Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group for $470m. Danone has held the stake since Wimm Bill
Coca-Cola has retained its leadership of Interbrand’s 11th annual ranking of the ‘Best Global Brands’ beating off competition from the likes of IBM, Microsoft and Google. This is the eleventh
Danone has acquired Immedia, the third largest smoothie manufacturer in France, for an undisclosed sum. Immedia generated sales of Eur4m last year.
Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration
Danone has signed exclusive 10 years licence agreements with Probi, providing the French food and beverage giant with exclusive rights
Danone has agreed to sell its 22.98% shareholding in China Huiyuan Juice Group, which is listed on the Hong Kong
French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half
Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second
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