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Groupe Danone
Groupe Danone
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Groupe Danone is a French food-products multinational corporation based in the 9th arrondissement of Paris. It claims world leadership in fresh dairy products, marketed under the corporate name, and also in bottled water.
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  • By Bloomberg(China Daily)2016-12-20 07:53

    Danone SA, the world's biggest yogurt maker, said sales growth will be slightly below its target for 2016 as its fresh dairy business shrinks for a third year, hurt by weak demand in Spain and a slower-than-expected revamp of the Activia yogurt brand across Europe. Revenue growth will miss the 3 per...

  • (Agencies)2016-07-08 08:17

    Danone SA has agreed to buy WhiteWave Foods Co for about $10 billion to add the best-selling US soy milk brand Silk and expand in organic food in its biggest acquisition in almost a decade.Investors will receive $56.25 a share in cash, Danone said in a statement on Thursday. That's 19 percent higher...

  • By Bloomberg(China Daily)2016-07-08 07:51

    Danone SA has agreed to buy WhiteWave Foods Co for about $10 billion to add the best-selling US soy milk brand Silk and expand in organic food in its biggest acquisition in almost a decade. Investors will receive $56.25 a share in cash, Danone said in a statement on Thursday. That's 19 percent highe...

  • (China Daily)2016-04-20 09:14

    Service outsourcing accelerates in Q1 China's service outsourcing industry expanded at a faster pace in the first quarter of 2016 despite a slowing economy, data from the Ministry of Commerce showed on Tuesday. Chinese companies inked service outsourcing contracts worth $33.9 billion, up 25.4 percen...

  • By Wang Zhuoqiong(China Daily)2015-12-03 07:25

    A shop assistant offers a refund for Dumex milk powder to a customer during a contamination scare in 2013 in Wuhan, Hubei province. China's infant formula market is expected to grow to 55.3 billion yuan this year.[CHENG GUO/FOR CHINA DAILY]Danone SA, the French dairy giant, has offloaded its struggl...

  • By Wang Zhuoqiong(China Daily)2015-12-03 06:49

    Danone SA, the French dairy giant, has offloaded its struggling Dumex China unit to a subsidiary of China Mengniu Dairy Co Ltd for 150 million euros ($159 million). The Paris-based company said the sale to Yashili International Holdings Ltd, which is yet to be approved by the relevant authorities an...

  • By Tyler Rooker(China Daily)2015-07-27 09:31

    Terms of engagement rely on a combination of oversight and in-depth knowledge of the country Last year, China overtook the United States as the world's top destination for foreign direct investment for the first time in more than a decade.But despite the ever-increasing flow of overseas money into t...

  • (Agencies)2015-07-25 09:43

    Dumex milk powder products of Danone are seen on display on shelves at a supermarket in Beijing, February 17, 2014. [Photo/Agencies] Danone plans to sell the Dumex infant formula brand to a unit of China Mengniu Dairy Co amid a downturn in demand for locally made baby food in that market. Danone has...

  • By Bloomberg(China Daily)2015-07-25 08:09

    Danone plans to sell the Dumex infant formula brand to a unit of China Mengniu Dairy Co amid a downturn in demand for locally made baby food in that market. Danone has agreed to sell Dumex to Yashili International Holdings Ltd, and will use the proceeds from the sale to take up more shares in Mengni...

  • (Agencies)2015-03-04 08:06

    Dairy products at a supermarket in Xuchang, Henan province. Geng Guoqing / For China DailyAs Chinese consumers fret about whether locally produced infant formula is safe, the Dutch postal service has a burgeoning new line of business: exporting milk powder to China.Dried milk has become one of the m...

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