Danone

Danone (French pronunciation: [danɔn]) is a French multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock market index. In 2020, Danone became the first listed company to adopt the status of société à mission, as introduced by France's PACTE law of 2019. Danone was formed through the 1973 merger of two French groups: Gervais Danone and Boussois-Souchon-Neuvesel (BSN). Gervais Danone itself resulted from the 1967 merger of Danone—founded by Isaac Carasso in Barcelona, Spain, in 1919—and Gervais. BSN was created in 1966 through the merger of the glass manufacturer Boussois and the glassworks company Souchon-Neuvesel. In 1994, the group adopted the name of its flagship fresh dairy brand, Danone. Under the leadership of Antoine Riboud, the company had become France's largest food manufacturer and the third-largest food group in Europe. Over time the company organized its activities around three main business segments: fresh dairy and plant-based products, bottled water, and specialized nutrition, including medical and infant nutrition. Present in more than 120 markets in 2025, Danone reported sales of €27.283 billion, making it the world's tenth-largest food company. The group employs approximately 90,000 people worldwide across more than 180 production sites. In 2025 dairy and plant-based products represented 48% of total group sales; specialized nutrition (medical and infant), 34%; and water, 18%. Danone is the 4th largest dairy processing company globally, behind Nestlé, Dairy Farmers of America, and Lactalis.