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 described as a leader in the fast-growing premium coconut water category in the US. It …
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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 part of the company’s ongoing optimisation of capital allocation and of the strategic review of …
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 its plant-based offerings, adding Follow Your Heart to existing plant-based brands such as Alpro, Silk, and So Delicious …
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 work, or on-the-go”. Three weeks ago, the company launched Pastel de Nata (Custard Tart) flavoured …
Danone, the food and drinks multinational, has announced the acquisition of a majority stake in Harrogate Water, a UK-based bottled water company, for an undisclosed sum. Owned by the Cain family, Harrogate Water has a history dating back to 1740 s and abstracts water from an underground aquifer below the Harrogate Pinewoods. The company reported turnover of £21.6 million ($27.8 million) for the year ending 31st March 2019. Commenting on …
Danone, the global dairy and beverages business, is shutting two plants in Brazil that produce bottled mineral water, according to a report in NewTrade. The production sites, which are located in Jundiai (Sao Paulo state) and Nova Iguacu (Rio de Janeiro state) produce bottled water for Bonafont, a major Latin American water brand that has a leading position on the Mexican market. Over 200 jobs are described as being impacted by the …
Danone, the food and drinks multinational, has announced it is investing “tens of millions” of euros to upgrade its dairy processing plant in Ochsenfurt, Germany, in order to expand production and improve efficiencies. The investment is primarily geared towards allowing the plant to manufacture ambient dairy products and also plant-based foods, alongside its existing yoghurt and dairy dessert production lines for brands such as Activia and Dany. The upgrade, which will …
Horizon Organic, an organic dairy firm and Danone subsidiary, has announced the launch of a new milk formulated to meet the nutritional needs of young children. Horizon Organic Growing Years is said to have been developed in partnership with paediatricians and created specifically for children aged one to five. The formulation is said to include DHA Omega-3 to support brain health, choline to transport DHA in the body, prebiotics for gut …
The UK arm of French dairy multinational Danone is expanding into the smoothies category with the launch of Danone Activia Live Culture Smoothies. The new no added sugar drinks are said to contain a mix of yoghurt, fruit and vegetables including live bacterial cultures, and to be a source of protein, calcium and fibre. An “orange” variety is described as blending mango, peach, carrot, date and linseed, while a “red” …
The German division of Danone, the dairy and bottled water giant, has launched a new water under the Volvic name that is said to be infused with coffee and to feature added fruit flavours, according to a FoodBev report. Claimed to be a “sensational alternative to iced tea”, the new coffee-infused water is available in Mocha & Lemon, Robusta & Cassis and Arabica & Passion Fruit Lychee varieties. The new launch …
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