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Danone launches UK’s 1st formula milk in an innovative, pre-measured tab format

23-Mar-2021

Today, Danone announces the launch of the first ever formula milk in the United Kingdom to be sold in a pre-measured tab format. Danone is introducing this format innovation in the UK in response to parents’ desire for greater convenience and ease when preparing formula milk feeds. In commenting ...

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Pernod Ricard to Acquire Majority Stake in La Hechicera Ultra-premium Colombian Rum

Pernod Ricard is pursuing its active portfolio management strategy, part of its “Transform & Accelerate” strategic plan

09-Mar-2021

Pernod Ricard (Paris:RI) is delighted to announce the signing of an agreement for the acquisition of a majority stake in La Hechicera, a Colombian ultra-premium rum launched in 2012 by Miguel and Laura, members of the long-established spirit-producing Riascos family, along with their friend ...

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Danone To Convert Indirect Stake In China's Mengniu To Direct

02-Mar-2021

French food company Danone SA announced Monday that it has reached an agreement with COFCO Dairy Investments Limited or CDI, to convert Danone's stake in China Mengniu Dairy Co. Ltd., currently held indirectly, into a direct holding. Mengniu is a Chinese manufacturing and distribution company of ...

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ADM Named to FORTUNE Magazine’s Most Admired Company List for 13th Consecutive Year

03-Feb-2021

ADM was named one of the world’s most admired companies in the food production industry by FORTUNE Magazine for the 13th year in a row. FORTUNE’s “World's Most Admired Companies” list is the definitive report card on corporate reputation, and is developed by FORTUNE and Korn Ferry. The 2021 list ...

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Roquette and BRAIN Group agree on production scale-up for protein sweetener

02-Feb-2021

Roquette, a global leader in plant-based ingredients for food, nutrition and health markets, biotech pioneer BRAIN AG, and BRAIN Group company AnalytiCon Discovery have successfully completed the R&D phase for the development of Brazzein. The partners have now signed a contractual agreement for ...

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Danone aims to achieve growth targets with restructuring

20-Oct-2020

The French food company Danone wants to make itself fit for growth in the midst of the Corona pandemic. To this end, the group intends to divest parts of its business and realign its management. With these steps, the company wants to quickly get back on track towards its medium-term goals, the ...

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Danone takes in almost half a billion euros with Yakult exit

Since 2004 Danone cooperated with Yakult

07-Oct-2020

The French food company Danone has cashed in its remaining shares in the Japanese milk drink producer Yakult. The gross proceeds from the sale of the 6.6-percent package are 470 million euros, the French announced in Paris on Tuesday evening. On. Tomorrow, Danone had already announced the sale ...

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Pernod Ricard España Adds St. Petroni Vermouth to its Portfolio

Spain’s market leader in wine & spirits takes a majority stake in the Galician producer of St. Petroni and expands to a new category, vermouth

30-Sep-2020

Pernod Ricard España announces the acquisition of a majority stake in Vermutería de Galicia, adding St. Petroni to Pernod Ricard’s brand portfolio. The renowned craft vermouth brand, created in 2014 and produced in Padrón, in the northern region of Galicia, draws its inspiration from nature and ...

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EMZ Partners invests in Ankerkraut

The founding family Lemcke remains majority owner of the business

11-Aug-2020

Founding family remains majority shareholder, EMZ Partners invests in subordinated debt and becomes minority shareholder. Incumbent minority shareholders incl. Frank Thelen and Matthias Knälmann remain on board. Management re-invests in the new structure. The European Private-Equity Company EMZ ...

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Pernod Ricard expects less severe slump in profits

27-Jul-2020

At the French spirits producer Pernod Ricard, the recently launched savings programme is paying off. For this reason, the company is now expecting a slightly less severe decline in profits than previously feared. The operating profit adjusted for special effects in the 2020 financial year (to the ...

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