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Danone Opens New Sustainable Nutricia Plant in the Netherlands to Meet Growing, Global Demand for Specialized Infant Formula
Press Release – Cuijk, the Netherlands, March 25, 2019 Danone opens new sustainable Nutricia plant in the Netherlands to meet growing, global demand for specialized infant formula • €240 million facility in Cuijk is among Danone’s largest investments in its European production network in the last ten years, building on the Netherland’s agricultural heritage and Nutricia’s scientific capabilities • Plant will produce highly specialized infant formula – including formula for specific health conditions, and will employ close to 500 employees once fully operational • State-of-the-art, sustainable, zero-waste facility powered with 100% renewable electricity Today, Danone proudly announces the official opening of its new Nutricia Cuijk production facility. The opening ceremony, taking place in the presence of a broad range of stakeholders, including the Minister of Agriculture, Nature and Food Quality, Carola Schouten, as well as industry and healthcare representatives, marks the completion of a three-year journey to build a state-of-the-art, energy-efficient, zero- waste plant. The facility will primarily produce specialized infant formula that meets the needs of infants diagnosed with specific medical conditions – such as cow’s milk protein allergy, as well as standard infant formula. The €240 million investment is among Danone’s largest in its European production network in the last ten years. “At Danone, we believe the health of people and the planet are interconnected, as expressed through our company vision ‘One Planet. One Health’. Our new Nutricia Cuijk facility is a significant investment towards achieving that vision. At this facility, we’ll be producing food for vulnerable babies; and we’re also doing everything we can to preserve a healthy and clean environment for future generations,” said Veronique Penchienati -Bosetta, Executive Vice President, Danone Specialized Nutrition. -
Danone to Acquire Whitewave, a USD 4 Bn Sales Global Leader in Organic Foods, Plant-Based Milks and Related Products
Danone to acquire WhiteWave, a USD 4 bn sales Global Leader in Organic Foods, Plant-based Milks and related products July 7, 2016 1 Cautionary note regarding forward-looking statements This document is presented by Danone. It contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by forward-looking words, such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” and “continue,” the negative or plural of these words and other comparable terminology. Forward-looking statements in this document include, but are not limited to, statements regarding the expected timing of the completion of the transactions described in this document, Danone’s operation of WhiteWave’s business following completion of the contemplated merger, and statements regarding the future operation, direction and success of WhiteWave’s businesses. These forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated in these forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties as to the timing of the contemplated merger; uncertainties as to the approval of WhiteWave’s stockholders required in connection with the contemplated -
Culture Warsw To
Culture Warsw to How the Food Giants Turned Yogurt, a Health Food, into Junk Food Navigating the Dairy Case to Find Quality, Safety and Nutritional Value A Report by The Cornucopia Institute | November 2014 Table of Contents Executive Summary ....................................................... 5 Section I: Yogurt, Probiotics and the Microbiome ................................ 9 Section II: Benefits of Organic Yogurt ......................................... 17 Section III: Greek Yogurt ................................................... 23 Section IV: Ingredients in Yogurt ............................................. 27 Section V: Cost Comparison of Conventional vs. Organic Brands ................... 47 Conclusion ............................................................... 51 Appendix: The Yogurt Market ............................................... 53 References .............................................................. 55 The Cornucopia Institute wishes to sincerely thank the thousands of family farmers and their “urban allies” who fund our work with their generous donations. Special thanks to Olivia Shelton and Maggie Yount for their work on this report. The Cornucopia Institute is dedicated to the fight for economic justice for the family-scale farming community. Through research and education, our goal is to empower farmers and their customers in the good food movement, both politically and through marketplace initiatives. Cornucopia’s Organic Integrity Project acts as a corporate and governmental watchdog assuring that -
ANNUAL REPORT 2019 Danone
ANNUAL REPORT 2019 Danone Accelerating the FOOD revolution TOGETHER Celebrating ‘ONE PERSON, BUSiNESS-LED 100 YEARS ONE VOiCE, ONE SHARE’ COALITiONS of pioneering healthy 100,000 employees for inclusive growth innovation co-owning our future & biodiversity Contents #1 Danone in 2019 4 11 Danone Empowering employees at a gIance to co-own our vision 12 2019 Celebrating 100 years of pioneering Key milestones healthy innovation together 8 13 Interview with our Chairman and CEO, Collective action Emmanuel Faber, for greater impact by Danone employees & transformational change 10 Progressing towards our 2030 Goals #2 Performance Creating sustainable & profitable value for all 15 22 3 questions to Essential Dairy Cécile Cabanis, CFO & Plant-Based 1 24 #3 Health & Nutrition Waters performance 2 18 Specialized Nutrition Collaborative Environmental performance innovation 20 Building a healthier Social performance & sustainable food system together 29 34 Boosting Co-creating innovation the future of food 30 3 Growing with purpose A people-powered company 32 Biodiversity: from farm to fork For more information: danone.com/integrated- annual-report-2019 3 Danone at a glance OUR MISSION: ‘BRINGING HEALTH THROUGH FOOD A GLOBAL LEADER WITH A UNIQUE HEALTH-FOCUSED TO AS MANY PEOPLE AS POSSIBLE’ PORTFOLIO IN FOOD AND BEVERAGES LEADING POSITIONS (1) STRONG PROGRESS ON PROFITABLE GROWTH IN 2019 #1 #1 #2 €25.3 bn 15.21% €3.85 €2.10 Sales Recurring operating Recurring earnings Dividend per share WORLDWiDE EUROPE WORLDWiDE margin per share (EPS) payable in -
Danone Sells Earthbound Farm to Taylor Farms
Press Release – Paris, April 11, 2019 Danone sells Earthbound Farm to Taylor Farms Danone announces it has signed a definitive agreement for the sale of Earthbound Farm, the US organic salads business, to California-based Taylor Farms, a family-owned salads and fresh foods company. The transaction closed today. The sale of Earthbound Farm, which had annual sales of about USD400m in 2018, is part of Danone’s portfolio management and capital allocation optimization strategy. Earthbound Farm, founded in 1984 in California, is the largest producer of organic salads in the US. The company had been owned by WhiteWave Foods since 2013. Danone acquired WhiteWave in 2017, significantly expanding its global presence in plant-based and organic food products and creating a global leader uniquely positioned to capitalize on consumer trends towards healthier and more sustainable eating and drinking choices. About Danone (www.danone.com) Dedicated to bringing health through food to as many people as possible, Danone is a leading global food & beverage company building on health-focused and fast-growing categories in three businesses: Essential Dairy & Plant-based products, Waters and Specialized Nutrition. Danone aims to inspire healthier and more sustainable eating and drinking practices, in line with its ‘One Planet. One Health’ vision which reflects a strong belief that the health of people and that of the planet are interconnected. To bring this vision to life and create superior, sustainable, profitable value for all its stakeholders, Danone has defined its 2030 Goals: a set of nine integrated goals aligned with the Sustainable Development Goals (SDGs) of the United Nations. -
Danone's Subsidiaries and Equity Holdings As of December 31, 2018
Danone's subsidiaries and equity holdings as of December 31, 2018 The following list includes all Danone consolidated or equity companies as of December 31, 2018, being specified that it does not include subsidiaries of companies under equity method. Table of content Companies listed by country ................................................................................................................................ 1 Companies listed by legal name ......................................................................................................................... 12 Companies listed by country Country Legal name Ownership Algeria DANONE DJURDJURA 100% Argentina ADVANCED MEDICAL NUTRITION SA 100% Argentina AGUAS DANONE DE ARGENTINA SA 100% Argentina BEST CARE NUTRITION DOMICILIRIA SA 100% Argentina DANONE ARGENTINA SA 99.81% Argentina DAN-TRADE SA 100% Argentina KASDORF SA 100% Argentina LAS MAJADAS SA 100% Argentina LOGISTICA LA SERENISIMA 94.82% Argentina NUTRICIA-BAGO SA 51% Australia DANONE MURRAY GOULBURN PTY LTD (1) 50% Australia NUMICO RESEARCH AUSTRALIA PTY LTD 100% Australia NUTRICIA AUSTRALIA HOLDINGS PTY LTD 100% Australia NUTRICIA AUSTRALIA PTY LTD 100% Austria DANONE GESMBH 100% Austria MILUPA GMBH 100% Austria NUTRICIA GMBH 100% Azerbaijan DANONE LLC 97.64% Bangladesh GRAMEEN DANONE FOODS LIMITED (1) 39.91% Belarus DANONEBEL 97.64% 1 Ownership Country Legal name Belarus DANONE PRUZHANY JLLC 57.02% Belarus JLLC DANONE SHKLOV 49.80% Belgium ALPRO COMM.VA 100% Belgium ALPRO HOLDINGS BVBA 100% Belgium BIALIM BELGIQUE -
Changing the Way the World Eats
Changing the Way the World Eats 2012-2013 Corporate Social Responsibility Report TABLE OF CONTENTS Welcome from Gregg Engles ........... 1 Who We Are .......................................... 2 Making Better Products .................... 4 Reducing Our Footprint ..................... 16 Creating a Culture of Caring ............. 24 Our Governance and Ethics .............. 32 Materiality .............................................. 36 About this Report ................................ 39 GRI Index ............................................... 40 • 3 Dear Fellow Stakeholders, At The WhiteWave Foods Company, responsibly and sustainably produced foods are a cornerstone of our mission. We are proud of our leadership in this area and our focus on environmental stewardship. With this first Corporate Social Responsibility Report, we are pleased to communicate our vision, progress and opportunities to all who share a stake in our future. We have created goals and targets to ensure we deliver our commitments in social and environmental sustainability, focused on reducing our environmental impact, and improving our responsible sourcing and sustainable packaging. Let me share with you the tangible evidence of WhiteWave’s values in action in three key areas: • Minimizing Our Environmental Footprint – We strive to reduce our impact on the planet with every decision we make; • Producing Food Responsibly – We make innovative, great-tasting, high-quality, responsibly produced products that meet a wide variety of consumer needs; and • Encouraging a -
Danone / the Whitewave Foods Company Regulation (Ec)
EUROPEAN COMMISSION DG Competition Case M.8150 - DANONE / THE WHITEWAVE FOODS COMPANY Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) in conjunction with Art 6(2) Date: 16/12/2016 In electronic form on the EUR-Lex website under document number 32016M8150 EUROPEAN COMMISSION Brussels, 16.12.2016 C(2016) 8870 final In the published version of this decision, some information has been omitted pursuant to Article PUBLIC VERSION 17(2) of Council Regulation (EC) No 139/2004 concerning non-disclosure of business secrets and other confidential information. The omissions are shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a general description. To the notifying party: Subject: Case M.8150 - DANONE / THE WHITEWAVE FOODS COMPANY Commission decision pursuant to Article 6(1)(b) in conjunction with Article 6(2) of Council Regulation No 139/20041 and Article 57 of the Agreement on the European Economic Area2 Dear Sir or Madam, (1) On 26 October 2016, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which Danone S.A. ("Danone", France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over The WhiteWave Foods Company ("WhiteWave", USA) (the "Transaction"). Danone is referred to as the Notifying Party, while Danone and WhiteWave are collectively referred to as the "Parties". 1 OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of 'Community' by 'Union' and 'common market' by 'internal market'. -
Janice L. Malkoff, Et Al. V. the Whitewave Foods Company, Et Al
Case 1:16-cv-02005-MEH Document 1 Filed 08/08/16 USDC Colorado Page 1 of 41 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Civil Action No.: JANICE L. MALKOFF, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. GREGG L. ENGLES, MICHELLE GOOLSBY, STEPHEN L. GREEN, JOSEPH S. HARDIN, JR., ANTHONY J. MAGRO, W. ANTHONY VERNON, DOREEN A. WRIGHT, and THE WHITEWAVE FOODS COMPANY Defendants. CLASS ACTION COMPLAINT AND JURY DEMAND Janice L. Malkoff (“Plaintiff”), by and through his attorneys, alleges upon information and belief, except for his own acts, which is alleged upon personal knowledge, as follows: SUMMARY OF THE ACTION 1. This is a stockholder class action brought by Plaintiff on behalf of holders of the common stock of The WhiteWave Foods Company (“WhiteWave” or the “Company”) against the Company and its board of directors (the “Board”) for their violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rules and Regulations promulgated thereunder, including Rule 14a-9, in connection with the proposed acquisition of WhiteWave by the French company Danone S.A. (“Danone”) through its newly formed Delaware Case 1:16-cv-02005-MEH Document 1 Filed 08/08/16 USDC Colorado Page 2 of 41 company July Merger Sub, Inc. (“Merger Sub”) through a merger transaction, as detailed herein (the “Proposed Transaction”). 2. On July 6, 2016, WhiteWave and Danone jointly announced that they had reached a definitive Agreement and Plan of Merger (“Merger Agreement”) whereby WhiteWave will merge with and into Merger Sub (the “Merger”), with WhiteWave surviving as a wholly-owned subsidiary of Danone. -
Registration Document
2EGISTRATIONß$OCUMENT DANONE 15 124 2EGISTRATIONß$OCUMENTß 4 658 844 7 45 213 20 113 8 45 8 8 995 475 87 787 9 784 9 654 8 457 854 4 987 874 98 544 98 654 124 9 784 4 55 457 15 1 112 015 78 854 451 124 Regulations 10 541 10 07 474 45 154 5 154 Estimate Estimate 58 954 58 32 154 54 565 658 32 154 32 113 32 154 78 789 78 8 954 8 45 213 20 Research 457 8 8 995 451 Group Profits 475 Accounts 87 787 20 11 784 9 ment 112 1 Manage 654 10 541 Markets 23 854 213 7 Estimates 8 45 45 45 Procedures 658 78 789 98 544Reference 4 Com mit 987 874 844 s tee 544 98 654 rs rs 124 9 784 ito Comp any e Aud Activities ens 78 789 Lic Fiscal years Equity 8 995 8 554 554 457 Evolution 15 1 112 78 Plants Dividen Employees Patents ds 015 451 578 Finance 854 Proper Trends Regula ty Statem Meeting 541 10 Equity 474 ents 45 154 Assets 5 154 Meeting Estimate Estimate 58 954 58 32 154 Equipment Shareholders tions 47 897 47 54 565 Treasur y 451 015 451 Capital expenditure Capital Income 857 Contracts 32 8 954 Governance 32 154 1 112 1 154 658 789 78 8 954 8 10 541 10 Investments Research 5 154 5 451 658 Group Profits Accounts 20 agement 1 1 10 541 Man Markets 11 23 12 Estimates 45 213 45 Procedures 658 78 789 98 544Reference Committee s Company e Auditors Auditors ens Fiscal years Activities 78 789 Lic Equity 554 995 8 Groupe DANONE - 15, rue du Helder - 75 439 Paris Cedex 09 - Visitors: 17, boulevard Haussmann - 75 009 Paris - Tel: + 33 (0) 1 Evolution 15 Investor Relations: +33 1 44 35 20 76 - Free shareholders number: 0800 320 323 (free from land lines in continental -
Letter to Our Shareholders Summer 2014
LETTER to our SHAREHOLDERS Summer 2014 Dear Shareholders, Just over eighteen years ago, when I took the reins of this fabulous company, we set ourselves a number of goals which, together, we have achieved. These included becoming a global group; generating outstanding organic growth; and refocusing our operations on promising core businesses where we could hold or share market leadership worldwide—while continuing to promote our dual commitment to business success and social progress, and remaining a pace-setter in social innovation. Over the past few months, I have been thinking about what tomorrow’s Danone should look like and what goals we should set for the coming decades. I believe With it is now my responsibility to spend most of my time on the key strategic issues that Emmanuel will shape our business model for the 2020s and 2030s, the strategic direction of the group whose shares you hold. And that means creating the corporate structures and Faber, we will governance we will need as we move forward. work to build That is why, at the beginning of September, I recommended that the Board the Danone of of Directors separate the Chairman’s duties from those of Chief Executive Officer. The Board agreed and also followed my recommendation to appoint tomorrow. „ Emmanuel Faber as the group’s CEO. He will take the helm at Danone and lead our teams from 1 October. Franck Riboud Since 1997, as Co-Chief Operating Officer, Emmanuel has worked closely with me to make and deploy all major decisions affecting Danone. Aged 50, he has acquired a thorough understanding of our company, our people, our businesses, our culture and our structures. -
2012 Registration Document
Table of contents 1. Selected financial information, information 6. Corporate governance 141 about the issuer, references and definitions 3 6.1 Board of Directors........................................................................................................142 1.1 Selected financial information ..................................................................................4 6.2 Audit Committee..........................................................................................................149 1.2 Information about the issuer......................................................................................5 6.3 Nomination and Compensation Committee .............................................151 1.3 References and definitions ..........................................................................................6 6.4 Social Responsibility Committee .......................................................................153 6.5 Powers of the Chief Executive Officer .............................................................154 2. Overview of activities, risk factors 7 6.6 Executive Committee ................................................................................................155 6.7 Application of the AFEP-MEDEF Corporate Governance 2.1 History.......................................................................................................................................8 Code for listed companies......................................................................................155 2.2 Presentation