Danone backs probiotic juice with ProViva investment
By Shane Starling
Last updated on
Global probiotics leader Danone has paid an undisclosed sum to Swedish dairy Skånemejerier for a 51 per cent stake in its probiotic juice brand, ProViva.
Probi, a Swedish probiotic specialist and major functional dairy, Skånemejerier, are teaming up to debut a probiotic beverage to complement a probiotic juice, ProViva, they have had on-market since 1994.
Swedish probiotics specialist Probi has signed two deals to
distribute probiotic supplements in eastern Europe, a region it
believes possesses "huge potential".