Industry Foods and Beverages Founder David Iakobashvili Motto Is What You Want | Traded as MCX: WBDF Founded 1992 | |
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Products YogurtMilkFruit JuiceSoft Drinks Revenue US$ 2.18 billion (2009) Operating income CEO Maxim Mikhailov (27 Feb 2012–) Subsidiaries Roska St. Petersburg Dairy Company OJSC | ||
Wimm bill dann foods wbd nyse wbd stock trading idea 33 3 return in 2 months
Wimm Bill Dann is one of Europe's largest dairy products companies. The company is headquartered in Moscow, Russia. WBD produces yogurt, milk, flavored milk, fruit juices, and other soft drinks.
Contents
- Wimm bill dann foods wbd nyse wbd stock trading idea 33 3 return in 2 months
- Silviu popovici general manager foods business unit wimm bill dann foods russia cis
- PepsiCo Purchase
- Operations
- Brands
- References
Wimm Bill Dann has 30 production sites in 16 cities, from Vladivostok to Kiev, and owns a subsidiary company in Amsterdam, Netherlands. The "About our Company" page on the website describes the company's close ties to Russia's cattle and dairy farms. The company's management is both Russian and non-Russian. Its stock is listed on the New York Stock Exchange.
Silviu popovici general manager foods business unit wimm bill dann foods russia cis
PepsiCo Purchase
On 2 December 2010, PepsiCo agreed to buy 66% of Wimm-Bill-Dann for $3.8 billion. The purchase is one of the biggest foreign investments yet seen in Russia outside the energy industry.
Operations
In response to a decline in the census of dairy cattle in Russia, the company spent US$7 mm in 1999 to modernize its suppliers' milking and refrigeration equipment, using state-of-the art Swedish technology.
Wimm Bill Dann holds a 34% share in all dairy products in Russia, and a 20% share of the fruit drink market.
Brands
WBD has a portfolio of over 1,000 different types of yogurt and dairy drinks, and 150 types of fruit juices and fruit drinks. Its most recognized brands are "J7", "100% Gold Premium", "Favourite Garden" (Russian: "Любимый сад"), "House in a village" (Russian: "Домик в деревне"), "Jolly Milkman" (Russian: "Весёлый молочник"), and "Agousha" (Russian: "Агуша").