Danone/Mengniu splitThis article was originally published in Foodnews
GROUPE Danone has pulled out of a joint venture with a Chinese partner. Reuters reports that Danone has decided to terminate the partnership with Mengniu Dairy as it had advanced more slowly than anticipated. This will not, however, affect the co-packaging and distribution of yogurts under the Bio brand. This decision comes when Danone is still locked in its long-running dispute with its erstwhile Chinese joint venture partner Wahaha.