Danone closes Indian dairy plant, to focus on nutrition products

INDIA - The 22-billion-euro French foods giant Danone has decided to exit the dairy business in India. The company, which entered India in 2010, is rationalising its product portfolio and has discontinued stock keeping units (SKUs), which have been making a minority contribution to its overall business in India that include the UHT (ultra high…

Danone acquires minority stake in Hawaiian water company

FRANCE - Danone Manifesto Ventures, the venture unit of Danone, has announced its acquisition of a minority stake in the Hawaii-based company Kona Deep. According to the company, Kona Deep intended to use the investment to support growth initiatives by expanding distribution, increasing and optimizing production capacity and raising awareness for the Kona Deep ocean…

DanoneWave plans US$60m plant-based products plant

USA - DanoneWave, the newly combined business unit of the U.S. dairy operation of global food company Danone and WhiteWave Foods, will invest up to US$60 million in its plant-based beverage manufacturing operation in Rockingham County, Virginia. The company will add new production capacity and expand its warehouse at the Mt. Crawford facility. Virginia successfully…

Danone combines CEO and Chairman role, appoints Africa business executive

FRANCE - Danone’s CEO, Emmanuel Faber, has taken an expanded role at the company as the company has combined the functions of Chairman and Chief Executive Officer. As Danone, the world’s leading food, beverage and dairy giant sets up for the next wave of growth in a changing environment, it has also made a number…

Danone reports a 16.6% increase in sales, driven by China

FRANCE - Danone dairy company has reported a 16.6% increase in sales in the company’s Q3 2017 results, which brought the value to US$7.52, due to the strong performance recorded in infant formula sales in China. The strong performance was reflected in the company sales, as it recorded an increased 17.8% in the three months…

Danone launches new yoghurt portfolio in France

FRANCE – Danone has launched a new yoghurt portfolio in France, introducing a range of new yoghurts as part of a reinvention in order to reverse the decline in the country’s yoghurt category. The new range offerings include a range of all-natural and whole-milk yoghurts under the Danone brand, which will be available in both…

Danone invests in French organic baby food start-up Yooji

FRANCE – Danone Manifesto Ventures has announced its investment in the French organic food start-up Yooji, the value of which has not been disclosed. The investment highlights Danone’s response to a consumer shift towards healthy living as their tastes are drawing the company interests towards the food and manufacturing industry, to promote healthy lifestyles. However,…

Danone opens carbon-neutral water plant at French unit

FRANCE – Danone, the world’s third-largest water bottled company, has unveiled its plan for modernization and investment in its Evian-Les-Bains plant by 2020 with an investment plan worth US$280million dollars. The new bottling site, Evian, will meet the high global standards; will be more sustainable and efficient as a new illustration of the brand’s commitment…