Danone

Danone Discontinues 2 Plant-Based Milk Options Under Its Silk and So Delicious Brands

March 20, 2024 Christopher Doering, Yahoo

The CPG giant debuted Silk Nextmilk and So Delicious Wondermilk in late 2021 after replicating the traits in milk — its taste, nutritional components, molecular composition and even the nostalgic feeling it created with the consumer — but in plant form. The goal, the company said at the time, was to deliver the necessary taste and texture to attract milk drinkers who have wanted to make the switch to plants but have found these attributes lacking.  …

Danone Canada’s Silk Launches Innovative Plant-Based Yogurt Made With Canadian Pea Protein

February 20, 2024 Danone

Danone Canada’s Silk® continues to forge a plant-based revolution with the launch of its new protein plant-based yogurt featuring Canadian pea protein. With 12g of protein per 175g serving and a signature Greek-style thick texture, the new Silk® plant-based yogurt is available in Key Lime and Vanilla flavours, delivering on exceptional taste, consistency, and nutrition. Silk® also introduces an improved recipe, new flavours and sizes for its current range of coconut plant-based yogurts. …

Platinum Equity to Acquire Horizon Organic and Wallaby from Danone

January 4, 2024 Platinum Equity

Platinum Equity announced the signing of a definitive agreement to acquire Horizon Organic and Wallaby from Danone. The proposed acquisition also includes the Wallaby brand, an Australian-inspired Greek-style yogurt made with organic milk and premium ingredients. …

Danone Sales Gain as Yogurt Maker Vows to Boost Volumes

August 4, 2023 Dasha Afanasieva, Reuters

Danone SA reported faster-than-expected revenue growth as price hikes compensated for a drop in the volume of products sold. …

Danone Writes Down Russia Assets, Beats On Like-For-Like Sales

July 31, 2023 Richa Naidu, Reuters

France’s Danone said on Wednesday it will book a further 200-million-euro writedown on its Russia business after it was effectively taken over by the state, taking the overall writedown on its Russian operations to around 700 million euros. …