M&A Deal Summary

Danone Acquires Wockhardt - Nutrition Business & Brands

On August 2, 2011, Danone acquired consumer products company Wockhardt - Nutrition Business & Brands from Wockhardt for 250M EUR

Acquisition Highlights
  • This is Danone’s 2nd transaction in the Consumer Products sector.
  • This is Danone’s largest (disclosed) transaction.
  • This is Danone’s 1st transaction in India.

M&A Deal Summary
Date 2011-08-02
Target Wockhardt - Nutrition Business & Brands
Sector Consumer Products
Buyer(s) Danone
Sellers(s) Wockhardt
Deal Type Divestiture
Deal Value 250M EUR

Target

Wockhardt - Nutrition Business & Brands

Mumbai,, India
Wockhardt - Nutrition Business & Brands comprises pediatric, adult nutritional brands, and manufacturing facilities.

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Buyer(S) 1

Buyer

Danone

Paris, France
Category Company
Founded 1899
Sector Food
Employees88,843
Revenue 27.6B EUR (2023)
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 STATS #
Overall 29 of 39
Sector (Consumer Products) 2 of 2
Type (Divestiture) 5 of 5
Country (India) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-24 YoCream International

Portland, Oregon, United States

YoCream has pioneered the innovation, production and marketing of frozen yogurt in the US. The Company operates a state-of-the-art production facility in Portland, Oregon, to manufacture its "true" frozen yogurt, which contains real yogurt that is fermented and cultured on site daily.

Buy $103M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Applied Nutrition

United States

Applied Nutrition Corp. is a provider of food products in US.

Buy -

Seller(S) 1

SELLER

Wockhardt

Mumbai,, India
Category Company
Founded 1999
Sector Life Science
Employees8,600
DESCRIPTION

Wockhardt is a high technology global pharmaceuticals and biotechnology major with innovative multi-disciplinary research and development programmes. It has 5 research centres and 21 world-class manufacturing plants in India, USA, UK, France and Ireland.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 2
Country (India) 1 of 2
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-24 Morton Grove Pharmaceuticals

Morton Grove, Illinois, United States

Morton Grove Pharmaceuticals, Inc. is a fully integrated generic and specialty pharmaceutical company focused on oral liquid and topical liquid prescription drugs.

Buy $38M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-12 Wockhardt - Select Business Divisions

Mumbai, India

Wockhardt Ltd. - Select Business Divisions comprises a portfolio of 62 brands in multiple therapy areas such as Respiratory, Neurology, VMS, Dermatology, Gastroenterology, Pain and Vaccines in India and a few other international territories of Nepal, Sri Lanka, Bhutan, and the Maldives.

Sell Rs18.5B
Mergr

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