Dive Brief: Danone has filed a lawsuit against competitor Chobani, accusing them of copying the slogan and packaging of their cold brew coffee line. The lawsuit alleges that Chobani’s La Colombe cold brew product closely resembles Danone’s SToK coffee in…
Danone
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Danone Invests $65 Million in Jacksonville Plant Expansion Danone has recently invested $65 million to expand its Jacksonville, Florida plant in order to meet the growing demand for its popular coffee and creamer brands, including International Delight and STōK Cold…
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Exciting News: Danone Acquires Majority Stake in Kate Farms Yogurt leader Danone announced on Monday that it has agreed to acquire a majority stake in Kate Farms, a renowned producer of plant-based nutrition shakes. This strategic acquisition will enhance Danone’s…
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Food News
Danone accuses Lifeway of allowing its CEO to engage in ‘self-dealing’ and ‘value destruction’
Danone Accuses Lifeway Foods CEO of Self-Dealing and Value Destruction Danone, a major dairy company, has accused the CEO of kefir maker Lifeway Foods, Julie Smolyansky, of engaging in self-dealing, waste, and value destruction. In a letter dated December 30,…
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Summary: Danone, a dairy giant, has increased its offer to acquire the remaining shares of kefir products maker Lifeway Foods for approximately $307 million, or $27 per share. This offer comes after Danone’s initial proposal of $283 million, or $25…
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The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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Food News
The Weekly Sip: Danone creates cold brew energy drink | Fireball bottles the tears of football fans
The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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Danone Offers to Acquire Lifeway Foods Danone, a major player in the dairy industry, has made a cash offer of $25 per share to acquire the remaining stock of kefir products maker Lifeway Foods that it does not already own.…
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Key Points: Danone and Microsoft are teaming up to bring artificial intelligence into Danone’s supply chain through the Danone Microsoft AI Academy. The program aims to train 100,000 employees in AI skills to enhance operational efficiency and streamline processes. Danone’s…
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Food News
Danone, Nestlé join over 130 companies in call to reverse biodiversity loss ahead of COP16
Dive Brief: Over 130 companies from various sectors have come together to urge world leaders to take action to prevent biodiversity loss ahead of the United Nation’s Biodiversity Conference, COP16, in October. Members of the Business for Nature coalition, including…