Swiss food company Nestlé's $11.85bn deal to acquire Pfizer's infant nutrition business has received approval from the Chinese Ministry of Commerce, a move which brings the company closer to completing the acquisition. ...
Tags: infant nutrition business, anti-trust bodies, baby food market
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 ...
New Zealand-based multinational dairy co-operative Fonterra is planning to establish a local office in Delhi, India in 2013, in order to take advantage of growing demand for dairy products in the country. The office will be headed by ...
Tags: dairy, local office, Delhi, Amul and Mother Dairy
Renault-Nissan Alliance, a partnership between France-based Renault and Japan-based Nissan, has entered into an exclusive fleet contract with nutritional food company Danone. Under the agreement, the Alliance will provide 15,000 vehicles ...
Tags: partnership, Renault and Japan-based Nissan, exclusive fleet contract
Diane von Furstenberg (DVF), a fashion designer, joined hands with evian to unveil a new design for its 2013 limited edition bottle collaboration. evian's latest bottle by DVF reflects a playful celebration of life and features a nod to ...
Tags: Limited Edition Bottle, evian collaboration, recyclable packaging
Argentinian food firm Arcor,through its Danone joint venture firm Bagley,has forayed into the cereal market with the launch of its new cereal line in the country. The company has invested$10m into the cereal line,which features seven ...
Tags: new cereal line, cereal market, health food
The Renault-Nissan Alliance has signed a five-year vehicle supply contract with French food company Danone. Under an exclusive fleet contract, the Alliance will provide Danone with 15,000 vehicles in 25 countries. The deal will also ...
Tags: renault-nissan alliance, french food company danone, vehicle
Agra-Farma,the US-based producer of Chobani brand of Greek-style yogurt,is set to enter into the Canadian market. The company has received import permit in 2011 to sell its Chobani yogurt in Toronto.Following this,it entered into an ...
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
PM Group has announced that it has been awarded a design and project management contract for McCain Foods in India. The project involves the construction of a $69m food manufacturing facility in Ahmedabad, Gujarat. McCain Foods is a ...
evian(bottled since 1826),the world's#1 brand of premium natural mineral water,released the newest addition to its limited edition bottle collection by iconic American designer Diane von Furstenberg. Diane von Furstenberg is the first ...
Tags: mineral water, limited edition bottle, recyclable packaging
Danone Research,Centre for Specialised Nutrition has deployed IDBS'data and process management platform E-WorkBook. This move is a part of Danone's plan to bring together its five international R&D communities. The deployment,which ...
Stevia supplier PureCircle today (11 September) insisted it was still confident about the future of the natural sweetener despite its losses widening in the last 12 months. UK-listed Pure Circle reported a loss after tax of US$23.3m for ...
Tags: PureCircle, natural sweetener, losses, zero-calorie sweetener
Danone has today(27 July)confirmed higher raw material costs hit margins in the first half of 2012,six weeks after surprising the market with a profit warning. The French food giant said trading operating margin fell 61 basis points to ...
Tags: raw material costs, margins, net income