Danone Aims to Increase Stake in Epigamia to 60%

danone to increase stake in epigamia dairynews7x7

French food conglomerate Danone is in discussions to double its stake in Indian Greek yogurt and fruit dessert brand Epigamia from 30% to 60%. This move involves acquiring the 30% share currently held by Belgian private equity firm Verlinvest. Both Danone and Verlinvest presently hold approximately 30% each in Epigamia’s parent company, Drums Food International. […]