(AOF) – Danone announces that it has acquired Functional Formularies, the United States leader in food-based tube feeding, from Swander Pace Capital. As part of the Renew Danone strategy, this acquisition strengthens Danone’s medical nutrition portfolio in the United States, expanding its enteral nutrition range.
Juergen Esser, Deputy CEO and CFO of Danone said: “We are confident that the integration of Functional Formularies’ broadly differentiated portfolio, which complements our existing ‘Real Food Blends’ range, will enable us to meet nutritional needs even better more families and patients fed by tube.”
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Soaring energy prices and a call for help
In the past, energy represented a fixed cost of 3% of turnover. This year, this percentage rises to 5% or even 7% for VSE-SMEs, according to Ania (National Association of Food Industries. Professionals are very worried because until the end of 2022 they generally benefit from coverage to cushion these increases However, they are not renewed for 2023 and beyond. Consequently, 25 of the main inter-professional organizations (Intercéales, Inaporc, Semae, etc.) are calling on the State for help in the face of the erosion of their margins and their capacity to operate. investment.
The State has proposed several devices, including an “electricity shock absorber”, which are considered insufficient. The organizations also deplore the failure of European negotiations to achieve a price shield to avoid distortions of competition. Agriculture and agri-food demand a maximum ceiling price of €180/MWh while many companies buy at prices above €500/MWh on the French market.