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Thursday, December 9, 2010

Greek Yogurt Investment - Groupe Danone SA

Major Greek yogurt brands such as Fage and Chobani have been doing well with 57% and 246% increase in sales respectively.  Unfortunately to the investors none of these really matter as both of these brand are owned by private companies.  Another high flying one is Stonyfield Farm made Oikos Yogurt with 88% sales gain in a year.  Stonyfield is also not publicly traded unfortunately.  However digging further you'll find that actually 85% of the company is owned by Groupe Danone(DANOY), the France based multinational food company who owns the famous Dannon yogurt brand and Evian bottle water.  Although the company is not traded on NYSE, Nasdaq, nor AMEX, it is listed as a OTC Pink Sheet under the symbol DANOY.  So for those who has access to buy securities from OTC, here is a company who has actually made money from the growing Greek yogurt market.

1 Comments:

Blogger albina N muro said...

European economy drags, but Greek yogurt surges in United States ... chairman and chief executive officer of Paris-based Groupe Danone S.A., said the ... investment in countries with high growth potential (Mexico, Indonesia, China, Russia. gold ira in the us

May 9, 2013 at 11:54 AM  

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