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Tag "Danone"

Laird Superfood Completes $10 Million Growth Investment by Danone Manifesto Ventures

    Laird Superfood Completes $10 Million Growth Investment by Danone Manifesto Ventures

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

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Danone and B Lab to cooperate

    Danone and B Lab to cooperate

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

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Danone doubles baby milk production capacity in Netherlands

    Danone doubles baby milk production capacity in Netherlands

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

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Danone Expands in Morocco With €550 Million Acquisition

    Danone Expands in Morocco With €550 Million Acquisition

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

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Nestle to Acquire Pfizer Infant Nutrition Business

    Nestle to Acquire Pfizer Infant Nutrition Business

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%

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Danone Joins the Development of 100% Bio-sourced PEF Bottles

    Danone Joins the Development of 100% Bio-sourced PEF Bottles

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

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Emerging Markets Drive Danone

    Emerging Markets Drive Danone

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

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Attractive But Unbalanced Outlook For Global Dairy Market

    Attractive But Unbalanced Outlook For Global Dairy Market

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

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Danone to Invest €6 Million to Expand French Water Site

    Danone to Invest €6 Million to Expand French Water Site

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

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Danone Enters Indian Infant Nutrition Market With €250 Million Deal

    Danone Enters Indian Infant Nutrition Market With €250 Million Deal

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

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Danone’s €250 Million Indian Acquisition

    Danone’s €250 Million Indian Acquisition

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

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Strong First Half Sales Growth at Danone

    Strong First Half Sales Growth at Danone

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%

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Lactalis Makes €3.4 Billion Move on Parmalat

    Lactalis Makes €3.4 Billion Move on Parmalat

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

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Astarta and Danone Form Joint Venture in Ukraine

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

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Strong 2010 Performance by Danone Gives Confidence for 2011

    Strong 2010 Performance by Danone Gives Confidence for 2011

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%

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Danone Calls For Changes to EFSA’s Handling of Health Claims

    Danone Calls For Changes to EFSA’s Handling of Health Claims

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

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Danone to Invest €50 Million to Expand Irish Baby Food Plant

    Danone to Invest €50 Million to Expand Irish Baby Food Plant

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,

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Danone and Unimilk Finalise Merger

    Danone and Unimilk Finalise Merger

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

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Danone Continues US Dairy Expansion

    Danone Continues US Dairy Expansion

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

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Danone Completes Russian Dairy Deal

    Danone Completes Russian Dairy Deal

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

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Coca-Cola Retains Position as World’s Most Valuable Brand

    Coca-Cola Retains Position as World’s Most Valuable Brand

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

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Danone Purchases French Smoothie Maker

Danone has acquired Immedia, the third largest smoothie manufacturer in France, for an undisclosed sum. Immedia generated sales of Eur4m last year.

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Danone to Dispose of Stake in Wimm-Bill-Dann Foods

  Danone to Dispose of Stake in Wimm-Bill-Dann Foods

Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration

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Danone Strengthens Probiotic Business

  Danone Strengthens Probiotic Business

Danone has signed exclusive 10 years licence agreements with Probi, providing the French food and beverage giant with exclusive rights

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Danone to Sell Stake in Chinese Juice Business For €200m

  Danone to Sell Stake in Chinese Juice Business For €200m

Danone has agreed to sell its 22.98% shareholding in China Huiyuan Juice Group, which is listed on the Hong Kong

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Steady Volume and Sales Growth at Danone

  Steady Volume and Sales Growth at Danone

French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half

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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

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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