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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.

Savencia's organic growth in 2016 was attributed by the company to sales outside France.

Savencia announces drop in sales for 2016

By Jim Cornall

French dairy company Savencia has announced net sales of €4.42bn ($4.69bn) for 2016, which the company says is a 0.5% decline compared to 2015.

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