date:Mar 10, 2014
t after buying a 49 percent of West Africa's Fan Milk Group last year. It also spent 550 million euros to raise its stake in Morocco's Centrale Laitiere in 2012.
Danone will need also to boost investment in its baby food business in Asia and China to get it back on track after an infant formula recall, prompted by New Zealand supplier Fonterra, which hit sales last year.
Last month Danone said it would overhaul its Dumex brand and launch a new Nutricia brand to revive sales of its infant milk