Danone announces the sale of Aqua d’Or

Rhea-AI Summary

Danone has announced the sale of Aqua d'Or, its Water and Beverage business in Denmark, to Royal Unibrew, a Danish brewing and beverage company. This decision is part of Danone's strategic portfolio review aimed at optimizing capital allocation. The transaction's closing is subject to customary conditions. Danone, committed to health-focused practices and sustainability, generated €23.6 billion in sales in 2020 and aims for B Corp certification by 2025.

Positive

• Strategic sale of Aqua d'Or may optimize capital allocation.
• Continues focus on health and sustainability, aligning with long-term goals.

Negative

• Divestment may indicate a downsizing of operations in the Danish market.
• Possible loss of market presence and brand influence in Denmark.

Press Release – Paris, November 16, 2021

Danone announces the sale of Aqua d’Or

Danone announces it has agreed to sell Aqua d’Or, its Water and Beverage business in Denmark, to Royal Unibrew, a Denmark-based brewing and beverage company.

This sale is part of Danone’s strategic portfolio review and of the continuous optimization of its capital allocation.

The closing of the transaction is subject to customary conditions.

About Danone (www.danone.com)

Danone is a leading multi-local food and beverage company building on health-focused and fast-growing categories in 3 businesses: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition. With its ‘One Planet. One Health’ frame of action, which considers the health of people and the planet as intimately interconnected, Danone aims to inspire healthier and more sustainable eating and drinking practices. To accelerate this food revolution and create superior, sustainable, profitable value for all its stakeholders, Danone has defined nine 2030 Goals, and paved the way as the first listed company to adopt the “Entreprise à Mission” status in France. With a purpose to bring health through food to as many people as possible, and corresponding social, societal and environmental objectives set out in its articles of association, Danone commits to operating in an efficient, responsible and inclusive manner, in line with the Sustainable Development Goals (SDGs) of the United Nations. By 2025, Danone aims to become one of the first multinational companies to obtain B Corp™ certification. With more than 100,000 employees, and products sold in over 120 markets, Danone generated €23.6 billion in sales in 2020. Danone’s portfolio includes leading international brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as well as strong local and regional brands (including AQUA, Blédina, Bonafont, Cow & Gate, Horizon Organic, Mizone, Oikos, Prostokvashino, Silk). Listed on Euronext Paris and present on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading sustainability indexes including the ones managed by Vigeo Eiris and Sustainalytics, as well as the Ethibel Sustainability Index, the MSCI ESG Indexes, the FTSE4Good Index Series, Bloomberg Gender Equality Index, and the Access to Nutrition Index.

Attachment

• PR_Danone_16112021

FAQ

What business does Danone sell in Denmark?

Danone announced the sale of its Water and Beverage business, Aqua d'Or, in Denmark.

Who is acquiring Aqua d'Or from Danone?

Royal Unibrew, a Denmark-based brewing and beverage company, is acquiring Aqua d'Or.

When did Danone announce the sale of Aqua d'Or?

The sale of Aqua d'Or was announced on November 16, 2021.

What does the sale of Aqua d'Or signify for Danone?

The sale is part of Danone's strategic portfolio review aimed at optimizing capital allocation.

What sales figures did Danone report for 2020?

Danone generated €23.6 billion in sales in 2020.