Danone and Wahaha Agree to End Lawsuits

By: trademagazin Date: 2007. 12. 28. 00:00

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

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