Danone looks to milk Russia
French dairy giant Danone last week announced it is to merge its Russian fresh dairy business with local firm Unimilk
Danone has taken some knocks with its forays into the world's emerging markets but has again taken the plunge with a deal with Russia's Unimilk. Will this one work? Dean Best reports.
French dairy giant Danone is to merge its Russian fresh dairy business with local firm Unimilk.
Danone has sent a warning to the likes of Fonterra and Parmalat that the French food giant will use its "expertise" in brands to gain a foothold in Australia's dairy sector.