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Companies / Bangladesh

Danone Teams Up With Grameen In Bangladesh

November 2006 | Company News Alert

It is fairly unusual for an international football legend and Nobel prize recipient to both show up for the opening of a dairy venture. But France's Danone managed to achieve this feat recently with the opening of the Grameen Danone Foods joint-venture (JV) in Dhaka, Bangladesh. The event also marked the beginning of production at a new dairy plant in the town of Banani Betgari, near Bogra. The venture will test whether a hybrid of micro-finance methods and big-business branded production can gel. If successful, the deal could see further food sector rollouts along this general

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