Fan Milk International (FMI), wholly owned by Abraaj and Danone, is the leading producer and distributor of frozen milk, dairy and juice products across seven West African countries.

Danone, together with The Abraaj Group, a leading investor in growth markets, has added three new production lines to its factory in Accra, Ghana. The total investment of USD $25 million will help Fan Milk Ltd, its local subsidiary, to sustain the growing demand for dairy products in the regional West African market.

Explore Related Profiles. Kojo Addae Mensah 31 mai 2017 Danone et le capital-investisseur émirati Abraaj ont annoncé, dans un produit les crèmes glacées Fan Milk connu pour ses produits laitiers Danone förvärvade Unimilk-koncernens företag i Ryssland 2010 och Danone med Abraaj Group för att förvärva FanMilk International, den arsenal fan over 50 when to kiss prinsessan madeleine chris o'neill träffades hur of Pediatrics recommends that newborns be fed breast milk exclusively for the firm Abraaj Group andwhose terms were not disclosed, comes after Danone, Danone Partners With Abraaj In Fan Milk Acquisition World’s largest yoghurt maker, Danone has partnered with Dubai private equity firm Abraaj Group to buy Fan Milk International (FMI), a frozen dairy products and juices maker in West Africa with sales of around $26.3 million in 2012. France’s Danone and Abraaj Group, a private equity firm announced on Thursday a partnership agreement that allows Danone to own stake in Fan Milk International, which previously was 100 percent acquired by the Abraaj group earlier this year. Danone and Abraaj jointly invested in Fan Milk in 2013. Danone became a majority shareholder in Fan Milk in 2016.

(Current members login here) Reserve your digital subscription today. 2013-10-27 Danone and The Abraaj Group (“Abraaj”), a leading investor operating in growth markets, today announced a partnership agreement whereby Danone will join Abraaj in the acquisition of Fan Milk … Danone is joining The Abraaj Group in the acquisition of Fan Milk International, a leading dairy products player in West Africa. Danone and The Abraaj Group (“Abraaj”), an investor operating in growth markets, has announced a partnership agreement whereby Danone will join Abraaj in the acquisition of Fan Milk International (“Fan Milk”). Pierre-André Térisse, executive vice-president access, Africa for Danone and non-executive chairman of Fan Milk, added: “This is the result of two years’ work, combining Abraaj’s intimate ----- PRESS RELEASE ----- Paris, October 24th, 2013Danone to join The Abraaj Group in the acquisition of Fan Milk International, a leading dairy products player in West | April 7, 2021 By: Masahudu Ankiilu Kunateh Email:mk68008@gmail. com Danone and The Abraaj Group, a leading investor operating in growth markets, has announced a partnership agreement whereby Danone, an international company present on five continents, including Africa, will join Abraaj in the acquisition of Fan Milk International. Fan Milk International (FMI), wholly owned by Abraaj and Danone, is the leading producer and distributor of frozen milk, dairy and juice products across seven West African countries.

The deals, announced alongside Danone's results for 2015, follow a move in December to buy another 5% of Moroccan subsidiary Centrale Danone, a … In October 2013, the French dairy company Danone announced that it had joined with the Abraaj Group to acquire Fan Milk International (FMI) (the two companies hold 49% and 51% shareholdings respectively). FMI is a dairy and fruit juice distribution company with a major distribution network across six West African countries (Ghana, Nigeria, Togo, Burkina Faso, Benin and Côte d’Ivoire). Abraaj is expected to give up control of its 51% stake of Fan Milk to Danone.

Abraaj originally agreed in June 2013 to acquire a 100% stake of Fan Milk, but cut Danone into the deal in exchange for the company's fresh dairy category knowledge. “We look forward to partnering with Danone in order to accelerate the growth and penetration of Fan Milk’s portfolio of leading consumer food brands across West Africa,” said Arif Naqvi, the founder and CEO of The Abraaj Group.

Stéphane Couste, Managing Director of Fan Milk Ghana said, "The new FanMaxx is a product of Fan Milk, which has been a trusted brand in Ghana for 55 years. Danone and The Abraaj Group have invested $25 million into Ghanaian dairy products portfolio company Fan Milk. The investment will be used to open new production lines at an existing factory, creating around 200 jobs, according to the investors. As at 2013 Abraj and Danone became joint owners of Fan Milk with each of them having 51% and 49% stake in Fan Milk respectively.

2013-10-27 · French food products firm, Danone has partnered investment group Abraaj to buy 100% stake in Fan Milk, a leading manufacturer and distributor of frozen dairy products and juices in West Africa. Both announced the partnership October 24, 2013. Abraaj, in June this year announced its agreement to acquire 100% of Fan Milk through one of its Funds.

Le Groupe Abraaj avait précédemment annoncé en juin 2013 avoir signé un accord relatif à l’acquisition de 100% du capital de Fan Milk par l’un de ses fonds. Abraaj et Danone détiendront respectivement 51% et 49% de Fan Milk International. L'opération devrait être finalisée avant la fin de l'exercice 2013. Danone et Abraaj ont conjointement investi dans Fan Milk en 2013. Danone est devenu actionnaire majoritaire de Fan Milk en 2016. Stéphane Couste, Franske Danone, der er verdens næststørste mejerikoncern, træder ind i ejerskabet af Fan Milk International med 49%, mens Abraaj Group beholder de 51% af aktierne i selskabet, skriver FoodIngredients.

Abraaj originally agreed in June 2013 to acquire a 100% stake of Fan Milk, but cut Danone into the deal in exchange for the company's fresh dairy category knowledge. “We look forward to partnering with Danone in order to accelerate the growth and penetration of Fan Milk’s portfolio of leading consumer food brands across West Africa,” said Arif Naqvi, the founder and CEO of The Abraaj Group. Today, Fan Milk Limited has a veritable success story to boast of.
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Danone est devenu actionnaire majoritaire de Fan Milk en 2016. Stéphane Couste, Franske Danone, der er verdens næststørste mejerikoncern, træder ind i ejerskabet af Fan Milk International med 49%, mens Abraaj Group beholder de 51% af aktierne i selskabet, skriver FoodIngredients. Det er dog meningen, at Danone i løbet af de kommende år gradvist skal købe sig til en aktiemajoritet. Danone et la société d'investissement Abraaj se sont associés pour l'acquisition de Fan Milk International, un acteur majeur des produits laitiers en Afrique de l'Ouest.

Danone, and investors The Abraaj Group (Abraaj), have added three new production lines to Fan Milk’s factory in Accra, Ghana. The new production lines will create about 200 jobs. The $25m investment will help Fan Milk (Ghana) Ltd, Danone’s local subsidiary, to sustain the demand for dairy products in the West African market.
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----- PRESS RELEASE ----- Paris, October 24th, 2013Danone to join The Abraaj Group in the acquisition of Fan Milk International, a leading dairy products player in West | April 7, 2021

The expansion. Fan Milk's leading shareholders included Danone, a global food and beverage company. and Abraaj, a Dubai private equity group. Abraaj Group · Danone and Abraaj Group facilitate Fan Milk's factory extension · Yorsan in Turkey set to expand. Mar 7, 2016 Danone invested in Fan Milk in 2013, teaming up with The Abraaj Group, a private-equity firm focusing on emerging markets. Danone initially bringing EQT in as a new majority shareholder; Advised the Emborg family and Maj Invest on the 100% divestment of FanMilk to Abraj Group and Danone Aug 20, 2020 FAN MILK PLC. (A Danone Company) FANMILK PLC I 2019 ANNUAL REPORT Abraaj resigned from the board name Mr Kodjo Aziagbe. In 2013, Danone went into partnership with the Abraaj.

Abraaj et Danone détiendront respectivement 51% et 49% de Fan Milk International. L'opération devrait être finalisée avant la fin de l'exercice 2013.

FML • 1.09 ▫ 0.00. Sep 17, 2020 Fan Milk Plc (a Danone Company) “the Company” in partnership with the Ogun State Government, through its Ministry of Agriculture, intends to FAN MILK LIMITED is located in Accra, Ghana and is part of the Dairy Products owned and operated by this company for insights and prospecting. DANONE. Oct 31, 2012 A leading investor operating in growth markets, The Abraaj Group has announced its agreement to acquire a 100% stake in Fan Milk Company profile for Fan Milk Ltd. including key executives, insider trading, Centrale Danone SA, Fan Milk Togo, FAN MILK Plc, Fan Milk International A/S, His role as General Manager of Fan Milk Ghana allowed for a joint venture between Abraaj and the Danone Group.

is joining Dubai private equity group Abraaj in Learn more about Danone's history on our presentation section. ABRAAJ subsequently sold 48% of its shares to the international dairy group DANONE. May 24, 2017 Three lines have been put in to the site in Accra, Ghana's capital, as Danone and Fan Milk minority shareholder, private-equity firm The Abraaj Following the acquisition by Danone and Abraaj, Fan. Milk Limited announced that it would reduce its investment in Ghana during 2014. The country's managing Fan Milk is West Africa's leading dairy company producing and marketing healthy Danone, partnered with Dubai private equity firm Abraaj Group to acquire Abraaj and Danone will now respectively acquire a 51% and 49% stake in Fan Milk International. Under the agreement, Danone will in the coming years gradually Ghana. The expansion. Fan Milk's leading shareholders included Danone, a global food and beverage company.