Trademagazin > News and articles > Company and Personal News > Danone and Wahaha Agree to End Lawsuits
Danone and Wahaha Agree to End Lawsuits
Both company want to return to peace talks,” the companies said in a joint statement.
French dairy products producer Groupe Danone SA and China's
Hangzhou Wahaha Group Co. said they have ended a long-running dispute,
temporarily suspending all lawsuits and arbitrations.
Danone had previously said Zong Qinghou, the founder of Wahaha, has built
parallel businesses that compete against a Wahaha-Danone joint venture, hurting
the French company, which has grown rapidly in China through its ventures with
Wahaha.
Related news
More related news >
Related news
Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing…
Read more >Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it…
Read more >Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the…
Read more >