Wimm-Bill-Dann acquires controlling stake in Obninsk Dairy Plant
The plant, founded in 1982, currently produces about 100 tons of traditional dairy products per day.
14/07/05 Wimm-Bill-Dann Foods OJSC has increased its stake in Obninsk Dairy Plant (the town of Obninsk) from 11.61% to 66.33%. Hence, the number of manufacturing facilities comprising Wimm-Bill-Dann has reached 26.
The plant, founded in 1982, currently produces about 100 tons of traditional dairy products per day. Maintained high quality of its products has ensured Obninsk Dairy Plant customer loyalty and strong demand in the premium segment of the traditional dairy market.
Wimm-Bill-Dann intends to keep Obninsk Dairy Plant's product portfolio and does not envisage any significant investments in manufacturing and product promotion.
Wimm-Bill-Dann Foods OJSC is a leading manufacturer of dairy and juice products in Russia. The company was founded in 1992.
The Company currently owns 26 manufacturing facilities in 21 locations in Russia and the Commonwealth of Independent States (CIS), as well as trade affiliates in 26 cities in Russia and the CIS.
Wimm-Bill-Dann has a diversified branded portfolio with over 1,100 types of dairy products and over 150 types of juice, nectars and still drinks. The company currently employs over 17,000 people.
