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A French multinational food and beverage company focused on dairy and plant-based products, specialized nutrition, and bottled water.

Last updated November 4, 2026

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Overview

Danone is a French multinational food and beverage company headquartered in Paris and listed on Euronext Paris as a CAC 40 constituent. Its origins date to 1919, when Isaac Carasso began producing yogurt in Barcelona, Spain, using lactic cultures associated with research at the Institut Pasteur. The name Danone was derived from the Catalan nickname of Carasso’s son, Daniel. The product was initially sold through pharmacies and recommended by physicians, reflecting the company’s early association between fermented dairy products and digestive health. Daniel Carasso introduced the brand to France in 1929 and opened a factory near Paris in 1932. Danone gradually expanded from plain yogurt into fruit, smooth, and gelled varieties. The business merged with Fromageries Gervais in 1967, creating Gervais-Danone. In 1973, Gervais-Danone merged with Boussois-Souchon-Neuvesel, or BSN, a diversified French group that had moved from glass and packaging into food and beverages. The combined company became a major European food producer. During the 1970s and 1980s, BSN-Gervais-Danone and then BSN acquired or developed businesses in pasta, grocery products, beer, mineral water, infant food, prepared meals, and biscuits. Important additions included Evian, Badoit, Blédina, Kronenbourg, and Générale Biscuit, owner of LU. From the 1990s onward, the group increasingly emphasized international expansion and health-oriented food categories. In 1994, BSN adopted the name Groupe Danone, using its best-known consumer brand as the corporate identity. Under Franck Riboud, who led the company as chief executive from 1996 to 2014, Danone pursued a major portfolio refocusing. It sold many grocery, confectionery, packaging, brewing, and biscuit assets while expanding in fresh dairy, bottled water, infant nutrition, and medical nutrition. The 2007 acquisition of Numico significantly strengthened Danone’s infant and medical nutrition businesses, while the sale of its biscuit division to Kraft Foods marked the end of a large historic activity. Danone’s principal business areas are now dairy and plant-based products, specialized nutrition, and waters. Its portfolio includes brands such as Activia, Actimel, Danonino, Alpro, Silk, Evian, Volvic, Aptamil, Nutrilon, and Nutricia, although brand availability varies by market. The company sells products through retail, food-service, healthcare, pharmacy, and specialist nutrition channels. It operates internationally through a combination of wholly owned businesses, subsidiaries, partnerships, and licensed or locally adapted brands. Danone has also positioned itself around health, nutrition, environmental responsibility, and social impact. In 2020 it became the first listed company to adopt France’s société à mission status under the PACTE framework. Its current strategic identity combines consumer nutrition with specialized medical and infant nutrition, while maintaining a significant bottled-water business. Reference material describes a workforce of approximately 90,000 employees and more than 180 production sites; reported sales and segment shares should be treated as period-specific rather than permanent company characteristics.

History

Danone began in Barcelona in 1919, when Isaac Carasso established a small yogurt workshop responding to widespread digestive illness and interest in lactic-ferment research. The product was sold through pharmacies and supported by medical recommendations. Daniel Carasso later developed the French business, introducing Danone in 1929 and opening a production facility near Paris in 1932. Product innovation included fruit yogurt in the 1930s and later smooth and gelled formats. The corporate group expanded through successive combinations. Danone merged with Fromageries Gervais in 1967. In 1973, Gervais-Danone combined with BSN, whose chairman Antoine Riboud had transformed the company from a glass and packaging producer into a food and beverage group. The enlarged business acquired interests in pasta, grocery products, prepared foods, beverages, brewing, mineral water, infant food, and biscuits. It became one of France’s leading food companies. In the late 1970s and 1980s, the group divested flat-glass operations and built a broad European food portfolio. Acquisitions included Générale Biscuit, bringing LU into the group, and several European biscuit businesses formerly associated with Nabisco. In 1994, BSN changed its corporate name to Groupe Danone, reflecting the strength and international recognition of its yogurt brand. The 1990s and 2000s brought accelerated internationalization and portfolio rationalization. Danone expanded in Latin America, Asia, North Africa, the Middle East, and North America. It sold many grocery and confectionery brands, exited packaging and brewing, and later sold its biscuit business to Kraft Foods. The 2007 purchase of Numico added major infant and medical nutrition capabilities. Danone subsequently organized its activities around fresh dairy products, water, infant nutrition, and medical nutrition. The group experienced several important controversies and strategic challenges. In 2001, planned closures of LU factories caused a major French social and political backlash. Between 2006 and 2009, Danone disputed with its Chinese Wahaha partner over companies allegedly producing beverages outside the joint-venture structure; the disagreement ended with Danone’s withdrawal. The company has continued to adjust its portfolio toward health, plant-based foods, and specialized nutrition. In 2020, it adopted société à mission status, formally linking its corporate purpose to social and environmental objectives.

  • 2020

    Adopts société à mission status

    [1]

    Danone adopted the French société à mission legal status.

  • 2009

    Wahaha separation

    [1]

    Danone ended its Chinese Wahaha joint venture after a long-running dispute.

  • 2007

    Numico acquisition and biscuit divestment

    [1]

    Danone acquired Numico and sold its biscuit division to Kraft Foods.

  • 2001

    LU restructuring controversy

    [1]

    Planned European biscuit-factory closures led to protests and boycott campaigns.

  • 1994

    Corporate name becomes Groupe Danone

    [1]

    BSN adopted the Danone name as its international corporate identity.

  • 1973

    Merger with BSN

    [1]

    Gervais-Danone merged with BSN, creating BSN-Gervais-Danone.

  • 1967

    Merger with Gervais

    [1]

    Danone merged with Fromageries Gervais to form Gervais-Danone.

  • 1932

    First French factory opens

    [1]

    Danone opened a production facility in Levallois-Perret near Paris.

  • 1929

    French business established

    [1]

    Daniel Carasso launched the Danone brand in France.

  • 1919

    Danone founded in Barcelona

    [1]

    Isaac Carasso began producing yogurt in Barcelona under the Danone name.

Products and positioning

A health- and nutrition-led food company combining everyday consumer products with specialized infant and medical nutrition, supported by sustainability and social-impact commitments.

  • Dairy · 1987

    Activia

    A fermented yogurt brand positioned around digestive well-being. Activia has been sold in multiple formats and flavors, with formulations varying by market.

  • Dairy · 1994

    Actimel

    A cultured dairy drink marketed as a convenient daily nutrition product. The brand is distributed internationally under locally adapted product and regulatory claims.

  • Plant-based foods · 1980

    Alpro

    A plant-based brand offering beverages, yogurts, desserts, and other alternatives to dairy products, commonly based on soy, oats, almonds, or other plants.

  • Bottled water · 1824

    Evian

    A premium bottled-water brand sourced from the Evian-les-Bains area in France. It is sold internationally through retail, hospitality, and food-service channels.

  • Bottled water · 1958

    Volvic

    A bottled-water brand associated with volcanic-source water from the Auvergne region of France and sold in several international markets.

  • Infant nutrition · 1968

    Aptamil

    An infant-nutrition brand offering formula and related early-life nutrition products in selected markets.

  • Medical nutrition · 1896

    Nutricia

    A specialized-nutrition business and brand family serving medical, clinical, and life-stage nutrition needs through products distributed via healthcare and specialist channels.

Controversies

  • 2021

    Danone recalls three yogurt batches over possible metal pieces

    Danone took the precautionary step of recalling three batches of yogurt products because they may contain pieces of metal.

  • 2001

    LU factory-closure controversy

    Danone’s planned closure of two profitable French biscuit factories and associated European job reductions provoked strikes, demonstrations, political criticism, and boycott calls. Related disputes over critical websites also produced legal proceedings, with a 2003 appeal decision emphasizing freedom of expression.

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Marketing campaigns

  • 2001Boycott campaign over LU factory closures

    France

    Trade unions, elected officials, associations, and consumer groups organized protests and calls to boycott Danone products after planned closures and job losses in the biscuit business.

    Outcome. The campaign generated substantial media and political attention and affected Danone’s public image.

  • 1998FIFA World Cup sponsorship

    International

    Danone served as an official dairy-products supplier for the FIFA World Cup and promoted Danone, Evian, and LU in connection with the event.

    Outcome. Expanded international visibility for several group brands.

Brand decisions

  • 2020

    Adopt société à mission statusStrategy

    Background

    France’s PACTE law created a framework for companies to incorporate a formal social and environmental purpose into their corporate identity.

    Action taken

    Danone adopted société à mission status, becoming the first listed company to do so in France.

    Aftermath

    The move formalized Danone’s health, social, and sustainability orientation within its governance framework.

  • 2007

    Acquire NumicoM&A

    Background

    Danone sought to strengthen its position in infant and medical nutrition while refocusing away from biscuits and broader grocery categories.

    Action taken

    Danone acquired Dutch nutrition company Numico in a transaction reported at €12.3 billion.

    Aftermath

    The acquisition created a major specialized-nutrition pillar within Danone and was followed by the sale of the biscuit division to Kraft Foods.

    Transaction value. €12.3 billion (2007)

Recent events

  • Reported

    Danone announces divestment of its Danish Aqua d’Or business[5]

    Danone announced the divestment of its water and beverage business in Denmark, Aqua d’Or, to Royal Unibrew. The transaction closing remains subject to customary conditions.

  • Reported

    Danone appoints ambassadors for YoPRO Perform[6]

    Danone announced Jess Spendlove and Matt Poole as brand ambassadors for the launch of its YoPRO Perform range.

  • Unconfirmed

    Reported

    Danone refreshes Oikos Greek yogurt[7]

    Danone is rebranding Oikos Greek yogurt with 50% more fruit, a creamier taste, and new white packaging with bold lettering. The article says the refreshed yogurt is expected to be available nationwide in July.

  • Reported

    Terviva and Danone begin food-product collaboration[8]

    Terviva and Danone began a collaboration to develop food products using pongamia oil and plant protein.

  • Reported

    Nestlé, Danone and LEGO win JD 618 international brand awards[9]

    Nestlé, Danone and LEGO received the 2021 JD 618 “18th Anniversary Top Ten International Brands” award at a launch and trend conference held in Beijing.

  • Reported

    Danone appoints Antoine de Saint-Affrique as CEO[10]

    Danone appointed Antoine de Saint-Affrique as CEO; he will succeed the joint interim leadership of Véronique Penchienati-Bosetta and Shane Grant.

  • Unconfirmed

    Reported

    Danone recalls three yogurt batches over possible metal pieces[4]

    Danone took the precautionary step of recalling three batches of yogurt products because they may contain pieces of metal.

  • Reported

    Danone announces Aptamil formula in pre-measured tabs[11]

    Danone created a pre-measured tab format for its Aptamil baby formula and said it would roll out exclusively into Boots before a wider European rollout in 2022.

  • Reported

    Danone appoints Gilles Schnepp as board chairman[12]

    Danone's board appointed Gilles Schnepp as board chairman, effective immediately.

  • Reported

    Danone chairman and CEO Emmanuel Faber resigns[12]

    Danone announced that Emmanuel Faber would resign as chairman and chief executive officer.

Read more(21)

Sources24 sources

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