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Danone buys Kenyan dairy firm stake to add African markets
date:Jul 21, 2014
n recent years has become a major area of expansion for Danone and other global consumer product companies such as Unilever, Nestle, Pernod Ricard and Diageo, attracted by the spending power of a growing middle class.

Africa is an important new frontier for Danone for years to come ... We can grow organically but also through acquisitions ... We continue to look for nice opportunities, Marchant said.

The deal with Brookside, which had 2013 sales of around 130 million euros ($176 million) and h

12/24 16:09