Group Danone is experiencing further set backs to its plan to
expand its presence into Asia's booming dairy markets, as an Indian
joint venture partner turns the tables on the dairy giant,
according to press reports.
France's Danone and Japan's Yakult will continue their strategic
alliance involving closer cooperation on R&D and entry into new
markets, maintaining their positions as leaders in the probiotics
French biscuits, water and yoghurt group Danone said yesterday that
it had signed a joint venture with China's leading dairy Mengniu to
cooperate in the production and distribution of fresh dairy
products in China.
Danone is planning to introduce a new line of cosmetic yoghurts
next year, according to press reports, as it seeks the next level
of differentiation in the increasingly competitive functional dairy