Danone
French multinational food corporation
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March 13 2024 | Vladimir Putin decreed the removal of the temporary management order for Danone Rossiye, opening the way for a potential sale of the unit. |
February 2024 | The Spanish authorities annulled the fine against Danone due to the statute of limitations having passed. |
2023 | Danone Manifesto Ventures invested in Wilk, an Israeli cell-based dairy and infant-milk producer. |
July 2023 | Russia seized control of Danone Rossiye, putting it under 'temporary management' of the state following the invasion of Ukraine. |
May 16 2021 | Antoine Bernard de Saint-Affrique was announced as the next CEO of Danone, effective September 15. |
March 2021 | Emmanuel Faber was ousted from his position as CEO following activism from Bluebell Capital shareholders. |
2020 | Danone announced plans to cut up to 2,000 jobs as part of a reorganization, representing about 2% of its workforce. |
2019 | The Spanish regulator fined Danone 929,644 euros for forming a cartel with other dairy companies to avoid competition when buying milk from Spanish farmers. |
2018 | Danone strategically reduced its product portfolio in India, discontinuing some dairy SKUs to focus more intensely on its nutrition product offerings. |
2018 | Danone's international brand portfolio was documented, including major brands like Activia, Actimel, Alpro, Oikos, Aptamil, and others across multiple product categories and regions. |
2018 | Danone rebranded its DanoneWave subsidiary (formed after the 2017 WhiteWave Foods acquisition) into Danone North America. |
2017 | Franck Riboud became honorary chairman, and Emmanuel Faber became chairman while retaining his CEO position. |
2014 | Emmanuel Faber became CEO of Danone. |
October 2014 | Danone partners with Universal Robina to build a beverage production and distribution business in the Philippines. |
October 31 2014 | Danone participates in a private placement of Yashili, acquiring a 25.0% equity interest alongside Mengniu's 51.0%. |
July 2014 | Danone acquires a 40% interest in Brookside, East Africa's leading dairy products group. |
2013 | Danone's participation in the dairy cartel with other companies that avoided competition when buying milk from Spanish farmers ended. |
October 2013 | Danone teams up with Abraaj Group to acquire FanMilk International in several African countries. |
May 2013 | Danone creates a joint venture with Mengniu to grow the fresh dairy product category. |
May 20 2013 | Danone makes a strategic 4.0% investment in Mengniu, a top Chinese dairy company. |
February 2013 | Danone announced plans to cut 900 jobs, representing about 3.3 percent of their European workforce. |
2012 | Danone entered the Indian market by acquiring the nutrition portfolio from Wockhardt Group, establishing its presence in nutrition products for various life stages. |
June 2012 | Danone raises its interest in Centrale Laitière in Morocco to 67.0%. |
June 18 2010 | Danone partners with Unimilk, merging fresh dairy product activities in Russia, Ukraine, Kazakhstan, and Belarus. |
This contents of the box above is based on material from the Wikipedia article Danone, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.