February 27, 2012

Part of merged dairy group Danone-Unimilk, Russia's Unimilk has bought Yekaterinburg Dairy Plant-1 for an undisclosed sum, Unimilk said in a statement Friday (Feb 24).

Unimilk plans to increase the output of dairy-based baby food products at the plant and launch yogurt production.

Established in 2002, Unimilk comprises 28 dairy factories in Russia, Ukraine, and Belarus. In 2010, Unimilk and French dairy group Danone agreed to set up and merge their assets in Russia, and other CIS-countries. Danone holds a 58% stake in Danone-Unimilk, while Unimilk owns the remaining 42% stake.