MUMBAI: Danone and the Narang Group have reached a settlement ending their twin joint ventures that made and sold beverages, including flavoured water, following a souring of the relationship that saw the two filing complaints against each other. Danone Narang Beverages, majority owned by the French company, makes beverages such as B’lue and Qua, while Narang Danone Access markets and distributes the brands. The latter also distributes other global brands such as Twinings Tea and Perr .. Read more at: http://economictimes.indiatimes.com/articleshow/50318319.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesDanone and Narang Group agree on ending twin joint ventures that made and sold beverages
Industry: Other 2015-12-25
