Global food and pharmaceutical products testing provider Eurofins Scientific has entered into an outsourcing agreement with French dairy firm Danone to acquire the latter's laboratory for infant nutrition analysis, Central Laboratories ...
French dairy firm Danone and US-based coffee retailer Starbucks Coffee have entered into an agreement to offer a jointly created and developed selection of new specialty yogurt products in participating Starbucks outlets. This move will ...
Tags: dairy firm, Starbucks
French dairy firm Danone has entered into an agreement to acquire a majority stake of over 90% in Happy Family, a leading firm in the US baby food market, for an undisclosed amount. Happy Family, established in 2006, holds more than 4% ...
Tags: Agriculture, Food, baby food
French dairy group Lactalis is in negotiations to acquire Canadian dairy processor Saputo's cheese manufacturing facility in Germany for an undisclosed amount. Saputo's German facility manufactures Italian specialty cheeses for the retail ...
Tags: French dairy group, Food
French dairy firm Danone has announced plans to cut 900 jobs in Europe over a period of two years, in response to weak sales in the continent. For the full year 2012, the company's sales totalled €20.1bn, up 5.4% compared to the ...
Tags: dairy firm, Danone, jobs
French dairy giant Danone has relaunched its Silhouette line of yoghurt, removing "hidden nasties" and adding a new Greek variant, Silhouette Greek. Aspartame, gelatine, artificial flavours and colours will be removed from the range, ...
Tags: French dairy, yoghurt, artificial flavours
Dutch dairy giant FrieslandCampina has entered into a joint venture with French dairy processor Bongrain to sell branded cheese products in France. The joint venture,which will take effect from 1 January,will have"limited ...
Tags: dairy, FrieslandCampina, joint venture, Bongrain
French dairy firm Danone has unveiled a cost reduction and adaptation plan to generate EUR200m savings in Europe in the next two years. With this move, the company is seeking to address the significant decline in sales in the region and ...
Tags: dairy firm Danone, cost reduction, adaptation plan, EUR200m savings
French dairy group Danone has warned that its profits will be hit by weaker margins during fiscal 2012. Danone today (19 June) lowered its margins outlook for the financial year from "stable" to "down 50 basis points", citing a weak ...
Tags: margins outlook, Sales target, margins
This week's research round-up includes a clutch of reports looking at consumer trends in the French dairy market and baby food in China. BABY FOOD China Infant Formula and Care Product Industry Report, 2011-2012 The report analyses ...
Tags: Consumer Trends, Dairy, Baby Food
US investment firm Trian Fund Management, which is headed by activist investor Nelson Peltz, has acquired 1% stake in Danone - the French dairy company which is estimated to have a market capitalization of approximately $37bn. Trian Fund ...
Tags: a market capitalization of approximately, Danone, leaner cost structure
French dairy company Danone has reported 9.4% increase in its consolidated sales to €5.26bn for the third quarter of 2012, compared to €4.81bn for the same period in 2011. The company said that this organic growth indicates a ...
Danone, which had purchased India-based Wockhardt's nutrition business for INR12.80bn, intends to double the domestic baby and medical nutrition business over the next three to four years. Earlier in 2012, the French dairy major acquired ...
Tags: Danone, the domestic baby and medical nutrition business, baby nutrition
One-off items have hit Parmalat's third-quarter net profit although the Italian dairy group did see its EBITDA increase. Parmalat, which is controlled by French dairy giant Lactalis, booked net profit of EUR58m (US$73.8m), against ...
Tags: net profit, dairy, net revenues, dairy group, milk
French dairy and nutrition major Danone has completed the acquisition of Wockhardt's nutrition business for INR12.80bn($355m),in a deal which marks Danone's foray into India's baby foods and medical nutrition business. Under the ...