Danone is a multinational food company headquartered in Paris, France and established in Barcelona, Spain, and is a Fortune 5 company. Danone's business covers more than 12 countries and regions, with 19+ factories and 1,+employees.
the company was founded by Isaac carazo in Barcelona in 1919, and its name comes from the nickname of the founder's son Daniel. Ten years later, Danone opened its first factory in France. During World War II, carazo moved his company to new york, USA. In 1958, Danone returned to France and set up its headquarters in Paris, which has been up to now.
on July 3rd, 27, the biscuit business was sold to Kraft. (Danone cookies, which I used to eat when I was a child, are gone. )
On July 9, 27, it acquired Royal Numico NV, the world's largest baby food factory.
On September 3th, 29, an agreement was reached with Wahaha on the equity of their joint venture, which enabled Danone to sell 51% of its equity in the joint venture to Wahaha.
* Note: In 1996, Danone established five joint ventures with Wahaha, and Danone held 51% of the shares. At that time, it was agreed that China could not operate and produce products that competed with the joint ventures. After that, Wahaha set up dozens of food companies all over the country, with assets and income far exceeding those of joint ventures. After Danone failed to acquire 51% equity of these food companies, the contradiction between Danone and Wahaha became public. Danone applied for arbitration to the Arbitration Institute of Stockholm Chamber of Commerce in Sweden in 27, and Wahaha also applied for arbitration in China. In the end, Wahaha recovered the equity previously controlled by Danone. *
On July 28th, 21, Danone Asia transferred its 22.98% share of Huiyuan Juice to Safran Asia Investment Fund Management Company.
On May 2th, 213, COFCO and Danone, the largest shareholders of Mengniu Dairy, will respectively own 51% and 49% of Genda Company to transfer 8.3% of Mengniu (Danone indirectly holds 4.1% of Mengniu). Upon completion, COFCO continues to own about 27.83% of the shares of Mengniu, and remains the single largest shareholder.
On December 2, 215, all the equity of Dumex China (including trademark license and patent license rights) was sold to Yashili.
on July 8, 216, it acquired WhiteWave Foods, an American organic food company.
on July 4th, 217, the American dairy business Stonyfield was sold to Lactalis.
in 218, its DanoneWave subsidiary, which was established after the acquisition of WhiteWave Foods (Alpro) in 217, was injected into Danone North America.