27 September 2024
27 September 2024
An investor in Lifeway for more than two decades, Danone has made a bid to buy the US kefir maker – beset by family difficulties – outright.
The drinks producer said it expects its IT systems to be "fully normalised as soon as possible".
The independent bottler operates ten manufacturing facilities in the US and 60 distribution centres.
The site is due to close by the end of the year, with 18 jobs at risk.
Donohue took on the chief executive role six years ago in 2018.
The beer behemoth is embarking on production, packaging, water and emissions projects at the site.
Nestlé agreed to a settlement and €2m ($2.2m) fine with French authorities over the scandal earlier this month.
The Rampur whisky and Magic Moments vodka owner generates a little more than 10% of its annual sales outside India but is looking to build its presence overseas.
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