Danone

As required as part of the deal to complete the acquisition of WhiteWave, Danone is selling Stonyfield to Lactalis.

Lactalis buying Stonyfield from Danone for $875m

By Jim Cornall

French dairy company Danone has entered into a binding agreement with fellow-French company Lactalis to sell Stonyfield, one of its US dairy subsidiaries, for a purchase price of $875m.

An increased variety of dairy alternative drinks are being introduced to the market. ©iStock/miwa_in_oz

Booming plant-based drinks market set for more category innovation

By Mary Ellen Shoup

The explosive growth of the dairy alternative drinks market is driven by increased demand from consumers who do not want to fully commit to a plant-based diet but prefer to “pick and choose” to suit their lifestyle, according to Innova Market Insights.