Retrieved from Danone. Dive Brief: Danone said in a statement it is exploring strategic options, including a potential sale, for its organic dairy business in the U.S. The segment is made up of the Horizon Organic and Wallaby brands. Horizon Organic and Wallaby, which offer organic dairy products, including milk, creamers, yogurt, cheese and butter, represent about 3% of Danone’s global revenues. Antoine De Saint-Affrique, Danone’s CEO, vowed last March he would improve performance in troubled offerings including Horizon Organic and traditional dairy, invest more in winning products and create value by selling existing brands or buying new ones. Dive Insight: Before De Saint-Affrique’s arrival, Danone, whose brands include Activia yogurt, plant-based Silk and Evian water, struggled with a stagnant share price and pressure on many of its key businesses. In the time since he took the helm, the former Barry Callebaut chief has wasted little time making changes and pushing for growth at the France-based food and beverage giant. Earlier this month, Danone appointed three deputy CEOs to improve its decision-making, execution and growth. Danone has also pushed innovation in many of its key brands. This includes two dairy-like plant-based alternatives , Silk Nextmilk and So Delicious Wondermilk, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
