Dannon: New deal may aid push vs GMOs from product
DANNON, the yogurt maker owned by French food giant Danone, said its parent company’s $10-billion acquisition of WhiteWave Foods Co. may help speed up efforts to rid genetically modified organisms (GMOs) from its products.
On Thursday Dannon unveiled its first yogurts without GMOs and pledged to put labels on products that do have GMOs by next year. The WhiteWave purchase, announced last week, should help the company move faster to scrub its supply chain and adopt more natural ingredients, Dannon CEO Mariano Lozano said.
WhiteWave’s Silk brand is the best-selling soy milk, and it offers a range of dairy and organic foods, such as Horizon milk, Wallaby yogurt and Earthbound Farm salads. The acquisition by Danone wasn’t related to Dannon’s GMO pledge, and the transaction may take four to six months to complete. But Lozano sees the tie-up as furthering Dannon’s GMO goals.
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