France: Danone inaugurates R&D centre for “products of the future”
Danone, the French consumer goods giant, has inaugurated its new Daniel Carasso Research & Innovation Center in Paris with the aim of creating “the products of the future” The new centre, located on the Paris-Saclay campus, will be dedicated to development and innovation in the categories of “fresh dairy and plant-based products” and “natural mineral water” […]
USA: Danone exploring potential sale of organic dairy brands
Danone, the French consumer goods giant, has announced it is exploring strategic options, including a potential sale, for its organic dairy activity in the US, comprising the Horizon Organic and Wallaby businesses. “This announcement is an additional step in the portfolio review and asset rotation program the company announced in March 2022, as part of the Renew […]
Brazil: Danone stops producing Bonafont bottled water in Brazil
FMCG giant Danone has announced it is ceasing production of Bonafont bottled waters in Brazil, including all of its activities in the Jacutinga plant in the state of Minas Gerais. According to a FoodBev report, the decision is line with Danone’s decision to focus on dairy and plant-based products and specialised nutrition in the country, which are described […]
Spain: Danone plans to sell factory
FMCG giant Danone has announced that they are looking for a buyer for its factory in the north west of Spain, since they are looking to close it. According to sources, last month Danone announced the closure of the factory in the town of Salas in the name of improving ‘competitiveness and industrial efficiency’. The […]
China: Danone sells investments in Mengniu Partnership and acquires Dumex
FMCG giant Danone has announced the sale of its 25% remaining stakes in Yashili to Mengniu and the 20% of its holds owned in the Inner Mongolia Dairy joint venture. Simultaneously, the French giant announced the acquisition of the totality of Dumex Baby Food Co Ltd, a Chinese manufacturer of infant milk formula products, that […]
Denmark: Danone to sell Aqua d’Or
Danone, the food and beverage multinational, has announced the sale of its water and beverage business in Denmark, to Royal Unibrew, a Denmark-based brewing, and beverage company. According to sources, the sale is part of Danone’s strategic portfolio review and of the continuous optimization of its capital allocation. Royal Unibrew’s CEO, Lars Jensen, said: “I […]
France: Danone to acquire majority stake in Harmless Harvest
French dairy multinational Danone has announced it has acquired a majority stake in Harmless Harvest, a US business offering coconut-based drinks and yoghurt, through its corporate venture arm Danone Manifesto Ventures (DMV). DMV first invested in Harmless Harvest in 2017 as part of a $30 million capital growth round. Founded in 2009, Harmless Harvest is […]
USA: Danone to sell Vega brand
Danone, the food and beverage multinational, has announced the sale of its plant-based nutritional products brand Vega to WM Partners, a private equity firm. Vega’s products are available throughout Canada and USA and its portfolio includes plant-based sport and nutrition items such as protein powders, bars, supplements, and snacks. According to Danone, the deal is […]
USA: Danone to add Follow Your Heart to plant-based portfolio
Danone, the food and beverage multinational, has announced a partnership with plant-based foods producer Earth Island to acquire 100% of its shares as well as the Follow Your Heart Brand. The Follow Your Heart product portfolio includes dairy-free cheeses and yoghurt, egg-free mayonnaise, cream cheese alternatives, and salad dressings. Danone said the deal would expand […]
Portugal: Danone to add Portuguese desserts flavours to its Oikos yoghurts
Food and drinks multinational Danone has announced the launch of a new Oikos yoghurt with Bola de Berlim (Custard Doughnut) flavour, a typical Portuguese summer pastry. Ludovic Reysset, CEO of Danone Portugal, said: “The yoghurt category suffered in Portugal because it is considered a snack and, as a general rule, it is more used at […]