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Companies / India

Danone Targets Dumex India For Acquisition To Expand EM Footprint

February 2011 | Company News Alert

French dairy giant Groupe Danone is reportedly eyeing Indian baby food producer Dumex India as a possible target as it embarks on an acquisition hunt in India. Given that Danone already owns the majority of Dumex operations in Asia, and with Dumex India representing a valuable addition to Danone's emerging market (EM) and infant nutrition portfolio, we believe it makes sense for Danone to see Dumex India as a target for acquisition and that a takeover would provide solid long-term benefits.

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