Boussois-Souchon-Neuvesel
 New corporate logo revealed in June 2017
| |
| Société anonyme | |
| Traded as |
Euronext: BN CAC 40 Component |
| Industry | Food processing |
| Founded |
Barcelona, Spain (1919) |
| Founder | Isaac Carasso |
| Headquarters |
Boulevard Haussmann 9th arrondissement, Paris, France |
Area served |
Worldwide |
Key people |
Franck Riboud (Honorary Chairman), Emmanuel Faber (Chairman and CEO) |
| Products | Baby food, coffee, dairy products, dairy-free products, plant-based products, bottled water, dietary supplements |
| Revenue |
 €24.68 billion (2017)
|
|
€3.73 billion (2017)
|
|
|
€2.45 billion (2017)
|
|
| Total assets |
€44.27 billion (2017)
|
| Total equity |
€14.57 billion (2017)
|
Number of employees |
104,843 (2017) |
| Subsidiaries |
The Dannon Company (US) Evian Danone North America |
| Website |
www |
Danone is a French multinational food-products corporation based in Paris and founded in Barcelona, Spain. The company is listed on Euronext Paris where it is a component of the CAC 40 stock market index.
As of 2018, Danone sold products in 120 markets, and had sales in 2017 of €24.7 billion. In 2018, 29% of sales came from specialized nutrition, 19% came from waters, and 52% came from essential dairy and plant-based products.
Danone was founded by Isaac Carasso, who began producing yogurt in Barcelona, Spain in 1919. The brand was named Danone, which translates to "little Daniel", after his son Daniel Carasso.
In 1929, Isaac Carasso moved the company from Spain to France, opening a plant in Paris. In 1942, Daniel Carasso moved the company to New York. In the United States, Daniel Carasso partnered with the Swiss-born Spaniard Juan Metzger and changed the brand name to Dannon to sound more American.
In 1951, Daniel Carasso returned to Paris to manage the family's businesses in France and Spain, and the American business was sold to Beatrice Foods in 1959; it was repurchased by Danone in 1981. In Europe in 1967, Danone merged with Gervais, the leading fresh cheese producer in France, and became Gervais Danone. In 1973, the company merged with bottle maker BSN. The company changed its name to Groupe Danone in 1983.
The acquisitions initially took the shape of vertical integration, acquiring Alsatian brewer Kronenbourg and Evian mineral water who were the glassmaker's largest customers. This move provided content with which to fill the factory's bottles. In 1973, the company merged with Gervais Danone and began to expand internationally. In 1979, the company abandoned glassmaking by disposing of Verreries Boussois. In 1987, Gervais Danone acquired European biscuit manufacturer Général Biscuit, owners of the LU brand, and, in 1989, it bought out the European biscuit operations of Nabisco.
In 1994, BSN changed its name to Groupe Danone, adopting the name of the group’s best-known international brand. Franck Riboud succeeded his father, Antoine, as the company's chairman and chief executive officer in 1996 when Riboud senior retired. Under Riboud junior, the company continued to pursue its focus on three product groups (dairy, beverages, and cereals) and divested itself of several activities which had become non-core.
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Wikipedia