Narain: Michelin and Danone claim credits through tree-planting offsets
“So if you look at the offset programs, if you look at the analysis we did, so Michelin Danone, a lot of the companies that are claiming carbon credits are claiming it on the basis of the trees that they have bought the offsets from, the carbon credits from.”
Grunwald: Symbrosia raised $7M to grow seaweed feed, backed by Danone
“They, but they got seven million dollars to grow seaweed in Hawaii, and in fact Danone was one of their big investors, and I think that's really exciting.”
Happy Family needed a conglomerate partner to avoid being crushed by rivals
“We might have gotten crushed in everything we worked so hard to build around that initial mission of actually changing the way children are fed. All of that could have been jeopardized.”
Visram: Danone became the world's largest publicly traded B Corp
“Happy has been a B Corp for many, many years, and Danone recently became, you know, the largest publicly traded B Corp in the world, and I feel like Happy has been an inspiration in that process, and that's a way to make systemic change.”
Stonyfield Reached $100M Revenue Before Negotiating With Danone
“98 we're at seventy-eight million in sales.
99, we're at a hundred million in sales and that's when I began negotiating with Danone to have them come in.”
Danone Bought 80% of Stonyfield But Left Hirshberg in Control
“The original head of M&A who came to see me said Gary, do you mean to tell me we're going to buy 80% of your company and you'll still be in control? And I said, yes. And the banker and the lawyers and everyone laughed. And, you know, two years later, that's th…”
Danone Sold Stonyfield to Lactalis for $875 Million in 2017
“By the way, back in 2017, the same year we first spoke to him, Danone sold Stonyfield to another company called Lactalis, one of the biggest dairy companies in the world. And the amount Lactalis paid for Stonyfield? Eight hundred and seventy five million dolla…”
Raz: Lactalis acquired Stonyfield from Danone for $875 million
“Earlier this year, Danone sold Stonyfield to another company called Lactalis, one of the biggest dairy companies in the world. And the amount Lactalis paid for Stonyfield? Eight hundred and seventy-five million dollars”