DANONE : Danone finalizes increase in its interest in Centrale Laitière (Morocco) to 67.0%

Fri Feb 22, 2013 12:52pm EST

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---------   PRESS RELEASE   ---------

 

 

Danone finalizes increase in its interest in 
Centrale Laitière (Morocco) to 67.0%

Paris, February 22, 2013

Following its announcement on June 27, 2012, Danone today finalized its acquisition of exclusive
control (67.0%) of Centrale Laitière by acquiring part of SNI's shareholding for a total EUR543
million[1]. Since 2001, the Group had held 29.2% of this company's capital.

This transaction represents a key step in Danone's development in Morocco and confirms the
strategic appeal of markets in North Africa for the Group.

Having raised its shareholding in Centrale Laitière above the 40% threshold, Danone is required to
file a mandatory takeover bid for the company's shares within the next few days.

[1] or 6,050 million dirhams, equal to EUR543 million at an exchange rate of 11.15 dirhams/1 euro.

About Danone
Danone is one of the fastest-growing food companies in the world. Its mission is to bring health
through food to as many people as possible.
The Group, whose products are sold on five continents, has more than 180 production plants and
around 100,000 employees. In 2012, Danone generated sales of more than EUR20 billion, of which
more than half were in emerging markets. The Group holds top positions in healthy food through
four businesses: Fresh Dairy Products, Baby Nutrition, Bottled Water and Medical Nutrition. Listed
on Euronext Paris, Danone is a component stock of leading social responsibility indexes including
the Dow Jones Sustainability Index, ASPI Eurozone and the Ethibel Sustainability Index.

 

 

For more information, contact:
Press Relations: +33 1 44 35 20 75 - Investor Relations: +33 1 44 35 20 76
DANONE : 17, boulevard Haussmann, 75009 Paris

Danone finalizes increase in its interest in  Centrale Laitière...
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