Danone could be poised to sell its water business, including the Evian and Volvic brands. The French dairy giant is holding talks over a possible sale with Japanese drinks group Suntory, according to press reports.
A senior executive at Danone is leaving the French dairy giant to take over at luxury handbag maker Louis Vuitton. Jordi Constans was previously executive vice president of fresh dairy products at Danone.
Activia maker Danone is celebrating its best quarterly figures in three years. The French dairy giant said sales for the past three months were up 8.5% on a like-for-like basis, with volumes up 5% for the period.
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