PARIS: Danone Group and San Benedetto Join Forces on Polish Water Market
Danone Group, the world's second largest packaged water producer, has teamed up with San Benedetto, Italy's top water brand and number 3 worldwide, in a 50/50 joint venture to enter the Polish market. At 1.3 billion liters, Poland is Central Europe's largest water market.This joint venture will produce bottled water carrying the Danone and San Benedetto brands on the still and sparkling water segments.With a per capita consumption at around 30 liters, the water market has doubled since 1994 in Poland, and further strong growth is anticipated in the years ahead.