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CommentWire
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Danone, the dairy and biscuits giant that also happens to be the world's biggest water bottler, could be rebuffed in its attempts to buy New Zealand's Frucor. One factor behind this coolness towards the bid is the low level of the offer. However, Frucor may also be keener to join forces with a company whose strengths are closer to its own development goals.
Published By Datamonitor
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06 Nov 2001 |
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CommentWire
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Investors and management seem to think Frucor is worth more than Danone's $121 million offer, but there's no sign of another bidder and Danone looks unwilling to pay more. Frucor has been successful, and would be a strong addition to Danone's portfolio. However, the company may have trouble funding its expansion if it lets the French offer fall through.
Published By Datamonitor
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26 Nov 2001 |
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CommentWire
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The waiting is over for Danone, which has finally got its hands on the company responsible for the popular V energy drink. The French firm has also paid much less for the company than many originally expected. It should now be able to take Frucor's portfolio of juices, bottled water and energy drinks into potentially lucrative Asian markets.
Published By Datamonitor
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22 Jan 2002 |
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Expert View
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With the party season now upon us, a variety of colorful beverages designed to enhance a celebration have appeared on the market. These include a colorful array of 'Adult' gelatin cocktails containing a high percentage of alcohol, and a fruit beer, which looks remarkably like soda and comes in apple, orange and cherry flavors. These beverages may ensure that consumers have a very merry Christmas!
Published By Datamonitor
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03 Jan 2006 |
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CommentWire
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Suntory has agreed to buy Frucor from Danone for a price reported to be over E600 million. Danone suffered a drop in share price despite increasing sales in the third quarter of 2008, and while the functional drinks sector in which Frucor operates has shown strong growth in recent years, it is now slowing and Danone is looking to focus on its core brands while reducing its overall level of debt.
Published By Datamonitor
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24 Oct 2008 |
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Expert View
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This month's new drinks review focuses on innovations in the bottled water and functional drinks categories, with products claiming to relax, satiate and pep up the body all hitting the market. Such claims highlight consumers' current attraction to functional products that provide quick fixes for their body and cognitive needs.
Published By Datamonitor
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05 May 2010 |
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Expert View
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A drink which claims that the path to beauty can be lined with indulgent treats headlines this month's roundup of novel launches from the drinks industry. Other products claiming to have health-enhancing benefits include a fat-burning coffee and a protein-enriched smoothie, showing the ongoing creativity of manufacturers in pairing product categories with functional benefits.
Published By Datamonitor
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18 May 2011 |
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