Divestiture • Food

Danone Acquires Nestlé - Dairy Business

On December 17, 2003, Danone acquired food company Nestlé - Dairy Business from Nestlé

Acquisition Context
  • This is Danone’s 7th transaction in the Food sector.
  • This is Danone’s 1st transaction in Turkey.

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M&A Deal Summary

Date December 17, 2003
Target Nestlé - Dairy Business
Sector Food
Buyer(s) Danone
Sellers(s) Nestlé
Deal Type Divestiture

Target Company

Nestlé - Dairy Business

Turkey
Nestlé Dairy Business engages in fresh dairy products includes the UHT milk business of Nestlé.
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Buyer Overview 1

Buyer

Danone

Paris, France

Category Company
Founded 1899
Sector Food
Employees89,528
Revenue 27.4B EUR (2024)
DESCRIPTION

Danone is a food & beverage company built on four businesses: Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition, and Medical Nutrition. Danone was founded in 1899 and is based in Paris, France.


Deal Context for Buyer #
Overall 16 of 41
Sector: Food 7 of 24
Type: Divestiture 3 of 5
Country: Turkey 1 of 2
Year: 2003 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-12 Sparkling Spring Water Holdings

Dartmouth, Nova Scotia, Canada

Sparkling Spring Water Holdings Ltd. is a providers of bottled water, delivered directly to residential and commercial markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-16 Embotelladora Arco Iris S.A. De C.V.

Guadalajara,, Mexico

Embotelladora Arco Iris, S.A. De C.V. is engaged in the home and office water delivery of bottled-water.

Buy -

Seller Profile 1

SELLER

Nestlé

Vevey, Switzerland

Category Company
Founded 1866
Sector Food
Employees251,786
Revenue 91.7B CHF (2024)
DESCRIPTION

Nestlé is a large food, beverage, and consumer products company. The Company has more than 2000 brands in its portfolio and operates globally. Nestlé was established in 1866 and is based in Vevey, Switzerland.


Deal Context for Seller #
Overall 3 of 20
Sector: Food 2 of 11
Type: Divestiture 2 of 17
Country: Turkey 1 of 1
Year: 2003 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-26 Dreyer’s Grand Ice Cream

Oakland, California, United States

Dreyer's Grand Ice Cream Holdings, Inc. manufactures and distributes ice cream and frozen dessert products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-22 eismann

Mettmann, Germany

eismann is a frozen food home delivery company. eismann was founded in 1974 and is based in Mettmann, Germany.

Sell -

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