Wimm-Bill-Dann chair steps down

Tony Maher, CEO of Russian dairy giant Wimm-Bill-Dann, has announced he will be stepping down as head of the company. “The last five years as chief executive of Wimm-Bill-Dann have been some of the most exciting and satisfying of my career,” Maher says. “I am pleased that I have accomplished almost everything I set out […]

PepsiCo buys majority stake in Wimm-Bill-Dann Dairy

PepsiCo and Wimm-Bill-Dann Foods OJSC of Russia say PepsiCo has agreed to acquire 66% of Wimm-Bill-Dann for $3.8 billion (EUR2.8bn), pending required government approvals. PepsiCo will also offer to acquire the remaining shares of Wimm-Bill-Dann. Wimm-Bill-Dann is a leader in both traditional and value-added dairy products. The transaction will establish PepsiCo as the largest food-and-beverage […]

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Dairy Industries International