Danone has completed an investment project at a plant in New Zealand designed to double the production capacity of a plant that blends and packs infant formula.

The investment was marked by a visit from Damien O’Connor, New Zealand’s Agriculture Minister, who said: “It is crucial for New Zealand’s economic future that we are able to sustainably produce high-quality, nutritious food for a growing global population. That means moving New Zealand’s primary sector higher up the value chain so we continue to deliver what international consumers demand.”

Danone acquired the facility in 2014 from local dairy processor Sutton Group. It also bought a plant in New Zealand’s South Island in the town of Balcutha.

The France-based food giant saw its sales and profits rise in 2017. The company said its early life nutrition business saw its sales grow “nearly 10%” amid a rebound in demand in China.

just-food analysis: Five things to learn from Danone’s 2017 results

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.