date:Dec 03, 2012
French food group Danone, which had purchased India-based Wockhardts nutrition business for $355m, intends to double the domestic baby and medical nutrition business over the next three years.
The company plans to expand its presence in emerging markets as growth at its traditional European markets is on the decline.
Last year, Danone generated sales of 19bn, of which more than 50% were in emerging markets.
Danone's baby nutrition brands include Aptamil, Bledina, Dumex, Gallia, Milupa and SGM