Yakult and its largest shareholder, Danone, have scrapped their nine-year old “strategic alliance” in favour of a new, looser agreement to further their “collaborative relationship.”
Danone has dispelled rumours that it is seeking to increase its stake in Yakult – declaring that it has no plans to mount a “hostile bid” for the Japanese company.
With rumors emerging that Danone is selling its 51% stake in its fruit juice JV with Chuiquita Brands International, one industry source told BeverageDaily.com that the French firm was likely ‘glad to be rid’ of a business blighted by mismanagement.
Yakult Honsha’s love affair with Yonghe is set to continue with the announcement of a second plant to be built in the economic zone in Guangzhou Province, China. The factory, which will produce the Yakult fermented milk drink, is slated to open in spring...
French dairy giant Danone has pinpointed the restoration of Southern European dairy product consumption and demand as one of its main short term strategic priorities.
Reuters reports that Japanese drink maker Yakult Honsha has confirmed it has agreed with Danone SA to continue talks on the possibility of the French food company to take a bigger stake in Yakult.
Danone has reconfirmed its full year targets after recording “solid growth” in its Baby Nutrition and Waters business segments in the third quarter of 2012.
French dairy Danone has built on its 2010 joint venture with Australian co-op Murray Goulburn by belatedly launching its €4bn global selling probiotic yoghurt Activia on the market there.
Danone is poised to establish a new international R&D centre for baby and medical nutrition in The Netherlands after signing an agreement to purchase land on Utrecht Science Park.
French probiotic leader Danone, Swedish dairy firm Skånemejerier and ingredient supplier Probi yesterday closed a three-way probiotic juice deal, bringing the firms one step closer to an international launch of the ProViva brand.
As Danone’s share price continues to fall three days after its half year results were released, the company cites several potential reasons for the dip but insists that health claims uncertainty is not among them.
Almost a year to the day after Danone first withdrew submissions for its best-selling probiotic yoghurts from the European Union health claims system, the French dairy giant has pulled its claims from the system once again.
Danone is calling for a clear health claims regulatory timetable to be implemented over the next few weeks because the current lack of clarity is “restricting the competitiveness of businesses”, reports our sister publication Food Manufacture.
The voluntary UK advertising watchdog has told Danone to cease broadcasting TV adverts that stated its one-shot probiotic drinking yoghurt, Actimel, could boost the immune system of children.
Danone’s troubled relationship with China’s Wahaha looks finally to be at an end; and rumours of a new deal with Mead Johnson over baby food are flatly denied.
Danone has killed the Essensis beauty yoghurt worldwide blaming lower consumer spending but the dairy giant remains convinced of beauty food potential.
Global probiotics leader, Danone, has submitted a new disease reduction article 14 health claim linking consumption of its probiotic drinking yoghurt, Actimel, and diarrhoea, after withdrawing three article 13.5 immunity and digestive health claims in...
The need for more and better science backing health claims was the central theme at a weight management and satiety seminar held in Amsterdam this week, as well as growing trepidation about health claims in Europe.
After little more than two years, Danone has pulled its beauty-from-the-inside spoonable yoghurt, Essensis, from French retail shelves, despite a re-launch in 2008.
Group Danone posted a 7.2 per cent increase in sales during the
full 2007 fiscal year amounting to €14.5bn, on the back of a strong
performance in its dairy and bottled water businesses.
Danone and Numico will be forced to offload some of their European
operations to go ahead with their planned merger into one of the
world's leading nutrition companies.
Food giant Danone and Yokult Honsha have announced that they are
strengthening their probiotic scientific cooperation and extending
a previous agreement by an additional three years.
France's Danone and Japan's Yakult will continue their strategic
alliance involving closer cooperation on R&D and entry into new
markets, maintaining their positions as leaders in the probiotics
market.
French dairy group Danone has bought complete control of its
Japanese joint venture, lured by the promise of riches from rapidly
growing consumer demand for healthy dairy products.
French dairy giant, Danone, has launched an action against Glanbia,
Yoplait International and Yoplait Marque Internationales in the
Dublin High Court, after alleged infringments on trademark after
the launch of the Yoplait Essence...
French food giant Danone is set to announce plans for a new dairy
plant in Bangladesh to provide nutritious foods to low-income
consumers, following successful entry into a number of similar
emerging markets.
Danone, France's iconic dairy group, is working with a prestigious
French research institute to find new probiotic strains for dairy
products and understand more about how the 'friendly bacteria'
work.
French yoghurt and biscuit maker Danone said today that it is not
looking to acquire the Dutch infant nutrition firm Numico, after
rumours that Danone was making a bid pushed up the Dutch group's
shares.
Hungary's competition watchdog has fined French dairy giant Danone
HUF10 million for manipulating and misleading consumers with its
advert for Danone Activia yoghurt, writes Chris Mercer.
Dairy leaders are reaping the benefits of increasing consumer
interest in functional foods, with both Danone and Nestlé this week
reporting strong growth in probiotic and other healthy products,
report Danny Vincent and Dominique...
Japanese probiotics pioneer Yakult and French yoghurts and biscuits
maker Danone said today they will set up a new alliance to push
growth of their functional foods businesses and cement their
leading positions in the probiotics market.
French yoghurt manufacturer Danone has announced that it has raised
its stake in probiotics maker Yakult to 19 per cent, citing strong
performance of the Japanese company as the reason for its long-term
investment.
Struggling Dutch nutritional supplement company Numico is rumoured
to be the target of a bid by dairy products giant Danone, although
the French company has denied having any interest in the Dutch
firm.
French food group Danone on Thursday extended by two weeks the
deadline on its takeover offer for New Zealand drinks firm Frucor
Beverages Group Ltd , but held firm on the price.