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Danone was present in 130 markets and generated sales of US$25.7 billion in 2016, with more than half in developing countries. In 2015, fresh dairy products represented 50% of the group's total sales, baby food 22%, branded water 21%, and medical nutrition 7%. [41]
Groupe Danone and Peregrine together invested US$70 million in return for the stake in five joint venture WHH companies. [1] The holding was held through a Singapore registered entity called Jinjia Investments Co (金加投资公司), the board of which consisted of two Danone representatives, and Francis Leung Pak-to from Peregrine.
Paribas Affaires Industrielles led the €610 million buyout of Danone’s pasta and condiment unit in 1997, [5] [6] at that time the largest leveraged buyout ever completed in France. [ citation needed ] The following year, the firm finalized fundraising for its first third party investment fund, raising €650 million of investor commitments.
Silk is an American brand of dairy-substitute products (including soy milk, soy yogurt, almond milk, almond yogurt, cashew milk, coconut milk, oat milk, and other dairy-alternative products) currently owned by Danone after it purchased WhiteWave Foods in 2016.
Danone is also in the process of selling its Russian business. It said previously that the deal could result in a €1 billion ($1.1 billion) hit to the value of the asset. The company said in ...
Danone North America is a consumer packaged food and beverage company based in White Plains, New York, U.S, that manufactures, markets, distributes, and sells branded premium dairy products (including yogurt), plant-based foods and beverages, coffee creamers, and organic produce throughout North America and Europe.
The case is Daly et al v Danone Waters of America LLC, U.S. District Court, Northern District of Illinois, No. 24-02424. (Reporting by Jonathan Stempel in New York; Editing by Sandra Maler) Show ...
In July 2016, it was announced that the French company Danone would purchase WhiteWave Foods for $10.4 billion. [20] The acquisition was completed in April 2017 and newly formed company is named "DanoneWave". [21] In 2020, Alpro's No Sugars oatmilk won the Lausanne Index Prize – Supreme Award, a processed food prize. [22]