PARIS: Danone Group Continues Expansion in North American Water Markets
By Company Press Release | 19 June 2000
Danone Group has just acquired most of the assets of Canada's Naya, Inc., including a bottling plant in Mirabel, north of Montreal, which reports sales of EUR 75 million. Founded in 1986 in Mirabel, Naya has grown rapidly in Canada and the United States, bottling natural spring water under the Naya name.The acquisition doubles Danone Group's production capacity in North America and secures reserves to underpin its strategy of growth in the northeastern United States. In Canada, the move strengthens the lead already held by Danone Group through the Labrador, Crystal Springs, Volvic, Evian and Naya brands. Investor Relations:
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Danone Group has just acquired most of the assets of Canada's Naya, Inc., including a bottling plant in Mirabel, north of Montreal, which reports sales of EUR 75 million. Founded in 1986 in Mirabel, Naya has grown rapidly in Canada and the United States, bottling natural spring water under the Naya name.The acquisition doubles Danone Group's production capacity in North America and secures reserves to underpin its strategy of growth in the northeastern United States. In Canada, the move strengthens the lead already held by Danone Group through the Labrador, Crystal Springs, Volvic, Evian and Naya brands. Investor Relations:
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