Groupe Danone (Euronext: BN, OTCBB: GDNNY), known as Dannon in the United States, is a French food-products multinational based in Paris. It claims world leadership in fresh dairy products, marketed under the corporate name, and also in bottled water. In 2007 it swapped its world number 2 position as producer of cereals and biscuits for the same position in baby foods, having sold the biscuits division to Kraft Foods and acquired Numico.
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Groupe Danone (Euronext: BN, OTCBB: GDNNY), known as Dannon in the United States, is a French food-products multinational based in Paris. It claims world leadership in fresh dairy products, marketed under the corporate name, and also in bottled water. In 2007 it swapped its world number 2 position as producer of cereals and biscuits for the same position in baby foods, having sold the biscuits division to Kraft Foods and acquired Numico.
Besides the Danone/Dannon brand of yoghurts, the company owns several internationally known brands of bottled water: Volvic, Evian, and Badoit. About 56% of its 2006 net sales derived from dairy, 28% from beverages, and 16% from biscuits and cereals.
Danone owns many water brands worldwide. In Asia, it has acquired Yili, Aqua (Indonesia), and Robust (92%), and has a 51% holding in China's Wahaha Joint Venture Company, giving it a total market share of 20%, making it the leading vendor of packaged water in Asia.
The original company bearing the...
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