Groupe Danone acquired Frucor Beverages in January 2002, and also owns the Griffins business in New Zealand. The company employs over 100,000 people in 120 countries around the world, with 30,000 based in Asia Pacific alone. Frucor reports in to Danone, Singapore.
Danone originates from France but is now a multinational leader in the global food and drink industry, with a strong values-based culture. Danone is well respected for both its programme of social responsibility and its strong financial performance. Danone’s annual turnover exceeded 14 billion Euros (approx NZ$30 billion) in 2001, with a resultant net income of 780 million Euros (approx NZ$1.5 billion) and an operating margin of 11.1%.
Worldwide, Danone is number one in Dairy Products, number one in Packaged Water and number two in Biscuits and Cereal Snacks.
Major brands include ‘Danone’ (Dairy Products), ‘Evian’ (Bottled Water) and ‘Lu’ (Biscuits).