Danone beefs up Specialized Nutrition business in China – ZAWYA

Danone beefs up Specialized Nutrition business in China – ZAWYA

danone beefs up specialized nutrition business in china china is an important source of growth for danone    file photo: the logo of french food group danone is seen at the company's headquarters in paris, france, december 20, 2017. paris - french food group danone said on thursday it would spend 100 million euros ($114.08 million) to strengthen its specialized nutrition business in china, as it bets on the chinese market as a source of growth.the investment entails opening a research centre focused on breast milk and gut health in shanghai and the acquisition of local infant milk formula company murray goulbum dairy co ltd from saputo dairy australia, the statement said.the acquisition brings danone, maker of high-end infant milk formula brands such as aptamil and nutrilon, a new registered infant milk formula brand and an infant milk product facility located in qingdao, its first in china.the investment entails opening a research centre focused on breast milk and gut health in shanghai and the acquisition of local infant milk formula company murray goulbum dairy co ltd from saputo dairy australia, the statement said.paris - french food group danone said on thursday it would spend 100 million euros ($114.08 million) to