Which group does Mead Johnson belong to?
Mead Johnson is one of the world\’s leading infant and health nutrition companies. Headquartered in Switzerland, it mainly produces and sells infant formula, children\’s nutrition products and maternal nutrition products. Mead Johnson products cover more than 70 countries and regions around the world and are deeply trusted and loved by consumers. However, many people don’t know which group Mead Johnson belongs to and who is its parent company? Below, we will elaborate on it in several aspects.
1.Group introduction
Mead Johnson\’s parent company is called DANONE Group, a global food and beverage company headquartered in France, founded in 1919. DANONE Group has four major business segments: fresh dairy products, water, infant and medical nutrition products and Asian nutrition products. Among them, the infant and medical nutritional products business segment mainly includes the world\’s leading brands Nutricia Mead Johnson and Medical Nutrition pharmaceutical and nutritional products.
2. Acquisition of Mead Johnson
In 2007, Danone Group announced the acquisition of Mead Johnson for 12.9 billion euros and became the parent company of Mead Johnson. This acquisition is the largest transaction in the history of Danone Group and the largest acquisition in the global milk powder industry. Danone Group’s acquisition of Mead Johnson aims to further expand its infant and medical nutrition business and increase its market share globally.
3. Partnership
The relationship between Mead Johnson and Danone Group is not only a parent-subsidiary relationship, but also cooperation in many aspects. In 2019, Mead Johnson announced that it would cooperate with Shenzhen China Resources Dairy Co., Ltd., a subsidiary of Danone Group, to jointly develop the infant formula milk powder market. In addition, Yili Group, a subsidiary of Danone Group, has also cooperated with Mead Johnson. The two parties have signed a strategic cooperation agreement and are committed to creating safer and higher-quality infant formula milk powder products.
4. Future development prospects
In the Chinese market, Mead Johnson\’s development prospects are bright. At present, the infant formula milk powder market is still in a period of rapid growth, and as the world\’s leading infant nutrition company, Mead Johnson\’s position in the market will become increasingly important. In the future, Mead Johnson will continue to strengthen its global cooperation with Danone Group, leverage their complementary advantages, and provide consumers with better and safer health and nutrition products.
Summary
From the above introduction, we can know that Mead Johnson belongs to the Danone Group, and its parent company is the Danone Group. In addition to Mead Johnson, this group is also involved in many food and beverage businesses. In terms of partnership, Mead Johnson has cooperation with Yili Group and Shenzhen China Resources Dairy. In terms of future development prospects, Mead Johnson has a bright future in the Chinese market.
