Danone, the French food and beverage multinational, is investing €20 million ($23 million) to expand its skyr production capacity across two manufacturing sites in Normandy, France. The investment will be divided between the company’s facilities in Ferrieres-en-Bray and Le Molay-Littry. At Ferrieres-en-Bray, which is considered the birthplace of Danone skyr in the country, the firm plans to install two new production lines with the aim of increasing capacity by more …
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Danone, the French food and beverage firm, and Arcor, the Argentina-based food company, have announced a strategic alliance to create a 50:50 joint venture focused on the Argentinian dairy market. The agreement involves the acquisition of the remaining 51% stake in Mastellone Hermanos, the owner of the La Serenisima brand, from the Mastellone family and the Dallpoint fund. The partners previously held a combined 49% share in the company, following …
Danone, the French multinational food giant, has entered into a definitive agreement to acquire Huel, the UK-based plant-based nutrition leader, in a deal valued at approximately €1 billion ($1.15 billion). The acquisition is a cornerstone of the “Renew Danone” strategy, which focuses on scaling high-growth, health-centric assets in the “Complete Nutrition” category. Founded in 2015 by Julian Hearn and James Collier, Huel specializes in “nutritionally complete” meal solutions. Its product …
Danone, the French food giant, has expanded its Alpro plant-based portfolio with the launch of Meal to Go, a new range of meal replacement drinks designed to capture the growing on-the-go nutrition market. The new line, which has initially rolled out in Belgium and Germany, marks the brand’s first foray into the complete nutrition category. The 500ml drinks are formulated with a blend of soy and oats, providing 20g of …
Danone, the food and beverage multinational, has announced the sale of its Swedish probiotic juice brand ProViva to French dairy group Lactalis for an undisclosed sum. Majority-owned by Danone since 2010, ProViva is well known in Sweden for its probiotic fruit juices in raspberry, rosehip, blueberry and blackcurrant flavours. It will now join Skanemejerier, Lactalis’s Swedish dairy arm that specialises in products including cheese and yogurt. Commenting on the deal, Skanemejerier …
Danone, the global dairy firm, has announced a major investment in its Boucherville plant in Canada to increase the company’s production capacity and strengthen its brands such as Oikos, Activia and Danone. The investment will support growth through a 40% uplift in yoghurt tub production and a 20% increase in the intake and processing of Canadian raw milk. Commenting on the move, Danone Canada president Frederic Guichard said: “Canadians are …
Danone, the global dairy firm, has announced its plans to invest in expanding its yoghurt facility in Minster, OH, where it produces brands including Oikos, Activia, Dannon and Danimals. The investment plan includes expanding the site by 48,000 sq ft, installing a new production line and modernising operations, which will generate approximately 30 full-time jobs. Commenting on the move, Danone North America president Dan Magliocco said: “Our commitment to American …
Danone, the dairy giant, has announced the launch of a “first-of-its-kind” cultured dairy drink that features a patented blend of nutrients designed to help build & retain muscle mass during weight loss. Oikos Fusion offers 23g of protein, 5g of prebiotic fibre and vitamins D, B3 and B12 in a lactose-free drink with zero added sugar. The product is also claimed to be free from artificial sweeteners and colours and …
Danone, the food and beverage multinational, has announced the acquisition of The Akkermansia Company (TAC), a Belgian biotech firm claimed to have nearly two decades of research and development in the field of biotics. Founded in 2004, TAC discovered and developed the biotic strain Akkermansia muciniphila MucT, reportedly shown to strengthen the gut barrier, reduce inflammation and help counteract metabolic conditions such as obesity, diabetes and cardiovascular disease. “Expanding deeper …
Danone, the food and beverage multinational, has announced that it has entered into a definitive agreement to acquire a majority stake in Kate Farms, a US-based producer of plant-based, nutritional shakes and formulas for adults and children. Kate Farms shakes are described as containing organic pea protein, fibre and phytonutrients, with no artificial additives or any of the top nine allergens. Commenting on the move, Kate Farms chairman and chief …
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