PARIS, Feb. 8, 2002 (PRIMEZONE) -- Groupe DANONE (NYSE:DA) has taken a 4% shareholding for 33.2 million dollars in the Russian company Wimm-Bill-Dann at its initial public offering of ADS on the New York Stock Exchange, through which the company has floated 25% of its equity.
This company, with a 2000 turnover of 465 million dollars is the leader in the Russian market for dairy products and fruit juices.
Groupe DANONE intends to offer EBRD a participation in this investment within the context of their partnership in Eastern Europe and Russia which was set up in 1995.