Danone-Weight Watchers joint venture in China
Weight Watchers International, Inc. and Groupe DANONE announced the signing of a joint venture agreement to establish a weight management business in China.
The joint venture, 51% owned by Weight
Watchers International and 49% owned by Groupe DANONE, combines
Weight Watchers International's unrivalled expertise, experience and
know-how as the world's leading provider of weight management
services with Groupe DANONE's world- class expertise in healthy
consumer products and extensive knowledge of the China marketplace
and the Chinese consumer.
The new joint venture is expected to
commence retail operations in China within the next year.
Related news
Related news
Record number of returns: Kifli.hu customers return half a million bottles per month
More than 2.6 million bottles returned in a few months…
Read more >The newest SPAR store in Szombathely opened with an investment of more than one billion
SPAR Hungary has opened its newest supermarket in Szombathely, on…
Read more >Momentán Udvar and Rossmann together again in the Valley of the Arts
Rossmann joined the Momentán Udvar programs at the 34th Valley…
Read more >