Blog: Dean BestDanone not laughing over Wahaha

Dean Best | 13 December 2007

Talk about the potential of China all you like but Danone’s turmoil over there shows how troublesome operating in the market remains.

The French food giant is visibly worried over the fate of its drinks venture in China and one needs an Honours degree in legalese to keep pace with all the latest twists and turns.

Indeed, so heightened is French concern over the spat that President Sarkozy recently waded into the row on a recent visit to China.

The country can offer vast rewards but the perils are also great. The row is set to hit Danone’s top-line, is likely to hit its fourth-quarter numbers and, perhaps most worryingly for Danone, is looking like it will run and run.


BLOG

Barilla puts sustainability centre stage

Barilla's 2016 results statement, published last week, makes interesting reading, not because of the Italian food group's commercial performance, but for the emphasis placed on sustainability achievem...

BLOG

UK M&A deal volumes slide in early months of 2017

Fresh data from Grant Thornton indicates the number of mergers and acquisitions in the UK food and drink sector fell to the lowest level for over two years in the first quarter of in 2017 - but the ac...

BLOG

Food policy returns to focus in Westminster

Amid the political turmoil in the UK caused by the EU Referendum, the resignation of a Prime Minister, subsequent burning debates over the Brexit “divorce” settlement and now by the surprise announcem...

BLOG

Danone closes WhiteWave, who will acquire Stonyfield?

Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...

just-food homepage



Forgot your password?