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Danone Offloads U.S.-based Organic Dairy Assets

Danone Offloads U.S.-based Organic Dairy Assets

by Eric Munson | January 2, 2024

On Jan. 2, French dairy manufacturer Danone (called Dannon in the United States), sold its U.S.-based Horizon Organic and Wallaby Organic brands to Platinum Equity, an investment firm based in Beverly Hills, CA. The decision to offload the brands was part of the Renew Danone turnaround strategy. According to Danone CEO Antoine de Saint-Affrique, the ...

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