Danone is an international food and beverage company based in France. Founded by Isaac Carasso in 1919, Danone is a public company, listed on the Euronext stock exchange and OTCQX financial market as BN and DANOY respectively. The head office for Danone is located in Paris, France.
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Danone's underlying third-quarter sales fell below market expectations amid challenges in China. Regulatory changes in China are weighing on Danone's infant formula business in the country but, broadly, analysts are comfortable about the prospects for that part of the French giant's business and, overall, the group's wider prospects.
It emerged this week that French dairy giant Danone could be preparing to pull its Dumex infant formula brand from Vietnam. It is not yet clear what the company plans for the Dumex business throughout the rest of Asia. The move does, however, come as further evidence that Danone is cutting its losses and de-emphasising the Dumex brand, which has failed to emerge from the long shadow of a 2013 recall. Katy Askew reports.
Danone announced a deal to acquire WhiteWave Foods this morning (7 July) in a move that values the Alpro maker at around US$12.5bn. The large-scale acquisition ramps up Danone's presence in the US and enhances its exposure to on-trend categories. For its part, WhiteWave expects the deal will move it to "the next phase of growth". just-food looks at how each group stands to benefit from the business combination.
Oxfam's Behind the Brands campaign reflects the increased responsibility global food companies are now expected to assume for working conditions, wages, safety and workers’ rights in their agricultural supply chains. Ben Cooper reports.
For French dairy group Danone, improving the performance of its global dairy business and transforming it to a growth platform is a priority. As part of this drive, the company has launched an international marketing campaign for its Danonino yoghurt brand. Patricia Oliva, the global marketing director for Danonino, spoke to just-food about how the brand hopes to strike a unique chord with consumers.
Danone-owned organic baby food business Happy Family is expanding its range with the launch of products it believes will drive category growth. Happy Family is also using its technological know-how to trail-blaze into uncharted territory for the business. Katy Askew spoke to new business development director Regina Fechter to learn more.
Unilever CEO Paul Polman and Danone chief executive Emmanuel Faber are among a clutch of senior industry executives to reiterate their support for the implementation of the Paris Agreement on climate change, amid fears President-elect Donald Trump may look to remove the US from the deal.
Danone has entered into a certification arrangement with online infant formula retailer Windeln.de in a bid to ensure availability of brands such as Aptamil in Germany and "controlled" distribution China.
WhiteWave Foods has booked increases in sales and operating income for the third quarter of 2016 – ahead of the expected completion of the US company's acquisition by Danone, which was announced earlier this year.
Groups representing dairy and arable farmers in the US have written a public letter to the head of Dannon, Danone’s US business, criticising how the company is marketing products made without genetically modified ingredients.
Danone today (18 October) reported slowing like-for-like sales growth in the third quarter as "short-term volatility" at its Chinese infant nutrition business weighed on the result.
Food companies that fall short of commitments to supporting certified sustainable palm oil (CSPO) production should be "called to account by their competitors and customers", the World Wide Fund For Nature (WWF) has said in a new report.
Mengniu's chief executive, Sun Yiping, has stood down amid a number of board-level resignations at the Chinese dairy giant.
France's Danone, which sells the Dumex infant formula brand in Vietnam, is reportedly preparing to halt investment in the product in the country as a result of a falling market share.
Canadian dairy processors have expressed their concern regarding the imposition of another increase in the minimum price they must pay for butter and skimmed milk powder
Danone has sold its Chilean business to local food producer Watt's, the Latin American business announced today (7 September).
WhiteWave Foods, the US group set to be taken over by Danone, revealed a recent acquisition in Mexico as it published its half-year results yesterday (9 August).
Danone CFO Cecile Cabanis today (28 July) insisted the Actimel maker is making progress with its bid to improve the performance of the French group's dairy business, the company's largest by revenue, despite a decline in volumes in the first half of the year.
Shares in Danone rose this morning (28 July) after the French food group booked half-year adjusted operating profit that exceeded analyst expectations.
WhiteWave Foods has unveiled new commitments to sustainability in areas including emissions, water use and sourcing.
Danone has relaunched the complete range of its Cow & Gate jar baby food in the UK as part a new early-life nutrition initiative.
French leading dairy company Danone is strengthening its presence in India with the launch of operations in Chennai.
A new range of non-GMO yogurts is being launched by Danone under the Dannon, Oikos and Danimals brands in the US.
Danone's takeover offer for WhiteWave Foods – which received the unanimous backing of the WhiteWave board – is to be probed by lawyers representing WhiteWave investors.
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in a deal that values the Alpro maker at US$12.5bn and doubles Danone's size in the US market.
Danone has given more clarity to its forecast for 2016 operating margin (14 June) on the back of "disciplined" resource allocation, efficiency and cost "optimisation".
Danone is taking Vitalinea, a yoghurt brand the company sells in Spain, into the country's yoghurt drink segment.
Danone's US arm has announced plans to simplify its ingredients list and follow sustainable agriculture practices.
US-based WhiteWave Foods has set a date for its shareholders to seal the deal on the planned US$12.5bn takeover of the group by French dairy giant Danone.
Announced last month, it is one of the more notable M&A deals in the international food sector of 2016. But an organic advocacy group in the US has taken aim at Danone's planned US$12.5bn takeover of WhiteWave Foods.
This report analyzes the worldwide markets for Dairy Products in US$ Million by the following Product Segments: Fluid Milk, Milk Powder, Butter, Cheese, Ice Cream and Related Products, Yogurt and Rela...
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