Monday, January 27, 2014

As part of its development in emerging markets, the French group Danone project would strengthen an


(Easybourse.com) The franais food group Danone apprterait strengthen in India and is looking for acquisitions in this country, according to concordant sources cited by Les Echos.
As part of its development in emerging markets, the French group Danone project would strengthen and revitalize its operations in India through acquisitions, reports Les Echos. Thus, the food group would seek the acquisition of Dumex India, specializing in infant food, to occupy implantation interesting 'in India, according to' concordant sources' quoted by business daily. At present, the French group already has other branches of Dumex group as Dumex Baby Food in China, Dumex Ltd. Thailand, Dumex Malaysia. Danone had inherited these branches Dumex on its acquisition of Dutch group Numico in 2007. The countries covered by Dumex have a high birth rate, and therefore an important market for the field of infant nutrition. India has about 1.15 billion people. India as a strategic market for infant nutrition in April 2009, Danone had terminated its joint venture in India with Wadia Group, by giving the latter the share it had in the Indian group biscuits Britannia Industries Limited. This agreement was also terminated the conflict between monte falperras Danone and Britannia Tiger brand. For now, the French monte falperras group is present in India through its joint venture mainly fresh Yakult Danone India Dairies, owned with Japan's Yakult. However, Danone would not only potentially interested in Dumex India. The 'GlaxoSmithKline, which owns 6% of baby milk market in India, according to Euromonitor, and U.S. rival Abbott, with a market monte falperras share of 2.7% pharmaceutical British group could be possible candidates for such redemption, according to the newspaper. In the event that it could not redeem Dumex India, Danone seek to acquire other activities in India in the same domain or in another ', according to sources quoted by the newspaper. CL
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