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.
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.
US supplier of applied protein sciences Proliant and Trega Foods, a
manufacturer of cheese and dairy-based ingredients, have announced
a joint venture for the production and marketing of whey protein
The joint venture between Japan's Ajinomoto and US-based Bestfoods
- part of Unilever since 2000 - is to be wound up, with the
European group buying out its partner's 50 per cent stake. Unilever
will strengthen its position...