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Danone ups investment in organic yogurt producer

Posted 15 January, 2004
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FRANCE/USA – Groupe Danone has doubled its stake in Stoneyfield Farm, the USA’s largest organic yogurt producer.

Danone originally bought 40% of the company’s shares in October 2001, but has now increased that holding to 80% for an undisclosed sum.

Stonyfield has sales of around $140 million (

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Dairy Industries International