Danone buys Kenyan dairy firm stake to add African markets
date:Jul 21, 2014
ange of products from fresh and powdered milk to yoghurt and butter and also exports to Uganda and Tanzania.

Danone, which generates 60 percent of its turnover in emerging countries, has invested more than a billion euros in Africa over the past two years.

Last year the owner of yoghurt brands such as Activia and Actimel bought a 49 percent stake in Fan Milk International, a west African producer of frozen dairy products and juices with sales of 120 million euros. Danone also paid 550 million
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