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Thursday, February 13, 2014
Danone raises stake in China's leading dairy company Mengniu
February 13, 2014 Danone raises stake in China's leading dairy company Mengniu France-based Danone SA announced an agreement, together with COFCO Dairy Investments, to raise its stake in China's leading dairy company - China Mengniu Dairy L ...
Wednesday, January 15, 2014
Danone takes legal action against Fonterra
January 15, 2014 Danone takes legal action against Fonterra Following a recall of baby milk products by Fonterra in 2013, Danone SA announced that it is cutting ties with Fonterra Co-Operative Group Ltd, in the latest dispute between both c ...
Wednesday, November 6, 2013
Danone partners Damate in milk project in Russia
Danone, the largest producer of dairy products in Russia and Russian agricultural holding Damate Group will partner in a dairy project, including the construction of several dairy farms in the Tyumen region and the Bashkortostan Republic. D ...
Monday, October 28, 2013
Danone, Abraaj Group enter West Africa with Fan Milk acquisition
Danone and the Abraaj Group ("Abraaj") have announced that the two companies will enter a partnership agreement to jointly acquire Fan Milk International ("Fan Milk").
Friday, October 18, 2013
Danone revises 2013 targets after formula milk recall
October 18, 2013 Danone revises 2013 targets after formula milk recall   After the major impact of the recall of infant formula products in Asia, Danone has changed its targets for 2013. Danone's sales in the third quarter were up 4.2%, des ...
Thursday, October 3, 2013
Fonterra and Danone to resolve dairy dispute
October 3, 2013 Fonterra and Danone to resolve dairy dispute   New Zealand's Fonterra is in talks with Danone to resolve a dispute over a contamination scare involving a Fonterra ingredient used by the French food manufacturer. The discussi ...
Friday, July 5, 2013
Nestle, Danone to lower Chinese infant milk prices
July 5, 2013 Nestle, Danone to lower Chinese infant milk prices After Beijing launched an investigation into possible price-fixing and anti-competitive behaviour in the sector, Wyeth Nutrition, which Nestle bought last year, as well as Dano ...
Wednesday, May 22, 2013
Danone-Ukraine projects dairy product market to grow by 10-20%
May 22, 2013 Danone-Ukraine projects dairy product market to grow by 10-20% In 2013, Danone-Ukraine has forecasted that the growth in the dairy product market in the country will be from 10-20%. "Thanks to several initiatives aimed at incre ...
Tuesday, May 21, 2013
Danone signs new dairy deals with Mengniu
May 21, 2013 Danone signs new dairy deals with Mengniu   French company Danone is aiming for a bigger slice of one of the world's fastest growing dairy markets by investing €325 million (US$418.63 million) in two deals with Chinese company  ...
Tuesday, March 19, 2013
Danone recalls dairy products in Romania
March 19, 2013 Danone recalls dairy products in Romania French food industry group, Danone, has withdrawn some of its dairy products from sales in Romania after the discovery of a potentially carcinogenic substance in milk from one of its s ...
Friday, February 1, 2013
Danone may invest US$12 million in its Ukrainian operations
February 1, 2013 Danone may invest US$12 million in its Ukrainian operations     An investment of up to EUR9 million (US$12.2 million) is being considered to be put in by leading European yoghurt maker Danone in its Ukrainian operations thi ...
Monday, December 17, 2012
Danone reveals cost reduction plan for next two years
December 17, 2012 Danone reveals cost reduction plan for next two years French dairy company, Danone, has revealed a cost reduction and adaptation plan which will bring about EUR200 million (US$263.1 million) savings in Europe for the next ...
Thursday, November 22, 2012
Danone, and Fonterra may acquire stake in Indian dairy firm,Tirumala
November 22, 2012 Danone, and Fonterra may acquire stake in Indian dairy firm,Tirumala     Danone and Fonterra may attempt to buy over a controlling stake in Hyderabad-based Tirumala Milk Products after promoters and private equity investor ...
Tuesday, October 23, 2012
Danone releases aid programme for Romania's farmers
October 23, 2012 Danone releases aid programme for Romania's farmers Danone Romania, in partnership with Heifer Romania Foundation and the Danone Ecosystem investment fund, has introduced a socio-economic aid plan for farmers in the less de ...
Monday, July 30, 2012
Danone takes over Wockhardt's nutrition business
July 30, 2012 Danone takes over Wockhardt's nutrition business French dairy and nutrition company, Danone has acquired Wockhardt's nutrition business for INR12.80 billion (US$232 million), in an agreement which sees Danone's entry into Indi ...
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