Danone to shed Russian dairy business with 1 bln euro write-off
French food company Danone will shed control of its dairy food business in Russia, it said on Friday, adding that the deal could lead to a write-off of up to 1 billion euros ($978 million). Joining the lengthening list of global companies making costly exits from Russia over the war in Ukraine, Danone will be offloading a business that represents about 90% of the company’s operations in Russia, where only its infant nutrition unit will be retained.
Danone reorganises Chinese assets, cuts ties with Mengniu
France’s Danone (DANO.PA) said on Friday it would end its partnership with Chinese milk firm Mengniu (2319.HK)by selling a 25% stake it holds in milk powder maker Yashili as well as a 20% joint ventureparticipation.
How Danone SN Indonesia Helps Empower Women Dairy Farmers
Food company Danone Specialized Nutrition or Danone SN Indonesia have teamed up with Rural Technology Development Institute, also known as LPTP, to help empower women dairy farmers, particularly in the provinces of Central Java and Yogyakarta.
Danone extends contracts with Maine organic dairy farms
A major dairy brand is extending contracts with organic dairy farms in Maine.
Danone invests $49 million to convert french dairy factory into oat milk plant
Danone is investing $49 million to transition a dairy production plant in France into a facility dedicated to producing oat milk products under its Alpro brand.
Danone ditches small dairy farms | Breakfast commodity prices hit 10-year high
Losing Danone contracts compounds the dairy crisis for small farms in the Northeast.
Danone India Expands its Nutrition Portfolio with the Launch of AptaGrow
With the launch of AptaGrow, Danone India has entered the 650-crore health drink category for children in India.
Stonyfield Organic helps out organic dairy farms dropped by Horizon Organic, Danone
Regional small, organic dairy farm industry had been rocked by Horizon Organic nonrenewal.
Schumer: Danone should deliver answers on cutting ties with organic dairy farms
U.S. Senate Majority Leader responds to Times Union reporting on Horizon Organic.
Danone North America to Launch “Dairy-Like” Segment
One common complaint amongst those trying to make the switch to non-dairy milk is that some alternatives have a “plant-y” flavor; meaning, it doesn’t quite taste like cow’s milk.
