Dannon, the US arm of French company Danone, has committed to declare its GMO ingredients by December 2017 as it transitions to natural formulations for flagship yogurt brands.
Danone Group subsidiary Nutricia India approved illegal payments to doctors across the country to promote and prescribe its baby nutrition products, a whistleblower has claimed.
Dairy giant Dannon (Danone) says it spent two years reformulating its Danimals Smoothies for kids in the US to achieve a 25% sugar reduction, as Mintel predicts strong growth for kid-friendly yogurt drinks with health and wellness benefits in the country...
US yogurt consumers showed their taste for Greek indulgence in an influential 2012 research poll by Harris Interactive, reporting higher satisfaction levels with major brands such as Chobani and surprise below average scores for products including Dannon...
Almost $89m will be pumped into Dannon’s Minster yogurt plant in Ohio over the next three years as parent company Danone attempts to step up a gear and drive US yogurt sales beyond the 10 percent annual growth it has notched up over the past seven or...
US food giant Kraft has set up a new Spanish and Portuguese Kraft
subsidiary following the purchase of Groupe Danone's global biscuit
business, including LU Iberia, in November 2007.
Group Danone posted a 7.2 per cent increase in sales during the
full 2007 fiscal year amounting to €14.5bn, on the back of a strong
performance in its dairy and bottled water businesses.
Danone and Numico will be forced to offload some of their European
operations to go ahead with their planned merger into one of the
world's leading nutrition companies.
Groupe Danone expects to conclude its acquisition of nutrition
company Numico in the first half of November, the two companies
said today, setting a timetable for the French group's bid to lead
the field in health and nutrition.
Standard & Poor's announced today that it has lowered
its credit ratings on French company Danone, based on
the projected increased debt due its proposed acquisition of
Numico.
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
market.
Danone gave a bullish account of its 2006 performance, citing
strong growth for blockbuster dairy brands and an 'outstanding'
performance in beverage markets.
French dairy group Danone has bought complete control of its
Japanese joint venture, lured by the promise of riches from rapidly
growing consumer demand for healthy dairy products.
French food and water giant Danone has built up a war chest of up
to €1bn to spend on acquisitions over the next three to five years,
according to a report.
Emerging markets and new 'health products' helped Danone to
continue its strong sales growth in the second quarter of 2006,
though the group has struggled to turn around losses on its home
French market.
French dairy group Danone has seen shares rise after rumours again
surfaced that the firm may be taken over by a foreign company, this
time Kraft Foods.
Groupe Danone's growing interest in the Algerian dairy market
underlines the importance of the North African / Middle East region
to European milk processors.
Another write-down charge hits French firm Danone, taking the gloss
off a rise in dairy and beverage sales, as rumours of a take-over
bid by PepsiCo subside, reports Chris Mercer.
US-based PepsiCo has engaged investment banks Morgan Stanley and
UBS to advise on a possible takeover of Danone, the French bottled
water, yoghurt and biscuits group, according to a report today
inthe Financial Times.
French food group Danone has reported steady if unspectacular
growth for the third quarter of the year, with poor weather in much
of northern Europe impacting sales compared to last year's
heatwave-boosted performance.
Wimm-Bill-Dann Foods has confirmed the creation of a new top
management position with the appointment of former Danone executive
Jacques Ioffe as deputy CEO for Strategy and Business Development -
a move that boosts the company's...
Danone, the French dairy product, bottled water and biscuits group,
may have said that it is not interested in acquiring any assets of
bankrupt Italian group Parmalat, but this does not mean that it is
not on the acquisition trail.
There is increasing speculation regarding the future of French
dairy-to-biscuits group Danone, good Q3 results expected next week,
will simply fuel the speculation further.
Russian dairy Wimm-Bill-Dannhas confirmed that a number of its
shareholders have approached French group Danone in a move which
could lead to a takeover of the company.
French food and drink producer Danone highlights its positive
like-for-like sales growth in the year to date, even though sales
in actual terms were lower than in 2001 as a result of exchange
rate concerns.
The European Commission this week granted British investment firm
BC Partners clearance to acquire the Italian undertaking Galbani, a
wholly owned subsidiary of the French Danone group.