Groupe DANONE agrees to acquire 50% of Aquarius Water Co.
Dec. 7, 2000
Groupe DANONE (NYSE: DA) has entered into an agreement to acquire 50% of Aquarius Water Co. Ltd, the largest HOD water company in China based in Shanghai.
PARIS, France, Dec. 6, 2000 (PRNewswire) — Groupe DANONE (NYSE: DA) has entered into an agreement to acquire 50% of Aquarius Water Co. Ltd, the largest HOD water company in China based in Shanghai.
Aquarius Water Co. Ltd had sales of RMB 170 million in 1999. The company has a 55% share of the Shanghai HOD market and 650,000 active accounts, serving its customers through direct delivery and online through Internet.
Groupe DANONE will also acquire a minority stake in Shanghai Aquarius Online Sales Co. Ltd, which sells Aquarius water and which will sell other Danone products in the future in China.
The world of manufacturing is changing, and Generative AI is one of the many change agents. The 2024 State of Smart Manufacturing Report takes a deep dive into how Generative ...
The world of manufacturing is changing, and Generative AI is one of the many change agents. The 2024 State of Smart Manufacturing Report takes a deep dive into how Generative ...
