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Article: RUSSIA: WBD BUYS STAKE IN DAIRY PLANT.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- June 24, 2002
CopyrightCOPYRIGHT 2002 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Wimm-Bill-Dann (WBD), the Russian juice and dairy company, has bought a 50.87% stake in Novokuibyshevskmoloko's dairy plant in the Samara region in southern Russia. WBD paid US$2.3 million for this stake, according to the Moscow Times. WBD plans to modernize the plant and boost its capacity. Wimm-Bill-Dann Foods was founded in 1992. WBD stated that it has 30% of the ...
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