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Reckitt Benckiser Explores Sale of Food Business

Apr 7, 2017

UK consumers goods company Reckitt Benckiser is weighing strategic options for its food business to help pay down debt after its planned $16.6bn purchase of Mead Johnson. The company is mulling over all options for the food business, ...

Tags: Reckitt Benckiser, Food Business

Danone to Amalgamate Dairy Business with Baby and Medical Nutrition Units in India

Aug 19, 2015

French yogurt maker Danone is improving the distribution of its products in India by combining its Indian dairy business with baby and medical nutrition units. The company has been working for over six months to organize its Indian ...

Tags: healthy products, dairy goods, yogurt

Danone Has Agreed to Increase Its Holding in Chinese Dairy Firm Mengniu with €486m

Feb 13, 2014

French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...

Tags: Danone, Mengniu, increase holding

Tingyi Is Set to Form a Joint Venture with Wakodo

Nov 5, 2013

Tingyi, a Chinese instant noodle producer, is set to form a joint venture (JV) with Wakodo, the baby nutrition unit of Japanese beer maker Asahi, to sell infant milk formula in China in response to increasing consumer demand for quality ...

Tags: Tingyi, Infant Milk Formula

Tingyi Is Planning to Form a Joint Venture with Wakodo

Nov 5, 2013

Tingyi, a Chinese instant noodle producer, is planning to form a joint venture with Wakodo, the baby nutrition unit of Japanese beer maker Asahi, to sell infant milk formula in China in response to increasing consumer demand for quality ...

Tags: Tingyi, Infant Milk Formula

Danone Plan to Acquire a Majority Stake of Over 90% in Happy Family

May 15, 2013

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

Danone Is to Cut EUR200m in Costs From Its European Operations

Dec 14, 2012

Danone is to cut EUR200m (US$261m) in costs from its European operations in a bid to "win back its competitive edge" in the region after falling sales. The French food giant said it would "adapt" its management structure in Europe and ...

Tags: Danone, costs, European operations

Trian Fund Management Purchases 1% Stake in Danone

Dec 4, 2012

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

Danone Has Reported 9.4% Increase in Its Consolidated Sales to ?5.26bn for Q3 in 2012

Dec 4, 2012

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 ...

Tags: Danone, consolidated sales, supportive and favorable

Danone Intends to Double The Domestic Baby and Medical Nutrition Business

Nov 29, 2012

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

Danone Has Completed The Acquisition of Wockhardt's Nutrition Business for $355m

Jul 27, 2012

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 ...

Tags: acquisition, baby foods, medical nutrition business

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