news in brief

Danone to sell stake in Yakult

By Jim Cornall contact

- Last updated on GMT

Danone began its collaboration with Yakult in 2004.
Danone began its collaboration with Yakult in 2004.

Related tags: Danone, yakult

French-headquartered dairy giant Danone said today that in accordance with its focus on capital allocation discipline and balance sheet strength, the company is selling its 6.61% stake in the Japanese company Yakult Honsha Co. Ltd.

In spite of the sale, Danone said the companies have reconfirmed the commitment to their long-term strategic collaboration to promote probiotics. Existing commercial partnerships, including joint-ventures in India and Vietnam remain in place.

Danone’s collaboration with Yakult began in 2004.

In 2018, Danone divested most of its 21.29% stake in the company.

Related products

show more

Next-wave sports nutrition innovation today

Next-wave sports nutrition innovation today

ADM | 05-Oct-2020 | Technical / White Paper

Today’s consumers are passionate about embracing health in many aspects of their lives, starting with customizing their nutrition. Rooted in proprietary...

Time to rethink your probiotics for infant use

Time to rethink your probiotics for infant use

Morinaga Milk Industry Co., Ltd. | 17-Sep-2020 | Technical / White Paper

Undoubtedly, probiotics-fortified infant nutrition products have hit the mainstream, and a baby-friendly concept is on the consumer radar. Morinaga's...

Exploring life to improve living

Exploring life to improve living

Gnosis by Lesaffre | Recorded the 07-Oct-2020 | Webinar

Let’s discover how biotransformation processes can lead to a better living! At Gnosis by Lesaffre, we harness the power of microorganisms and biotransformation...

Register for free

Related suppliers

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Products

View more

Webinars