Danone has announced that it is exploring its strategic options, including a possible sale, for the Horizon Organic and Wallaby organic dairy businesses in the United States, as part of its asset rotation program announced in March 2022.

The Horizon Organic and Wallaby brands (milk, coffee creamers, yoghurts, cheese and butter) represent around 3% of Danone's global sales, and have had a dilutive impact on its organic sales growth and recurring operating margin in 2022.

In the context of the rigorous allocation of our resources defined by our Renew strategy, these brands are not among Danone's priority growth segments", explains Antoine de Saint-Affrique, the food group's CEO.

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