– **History:**
– Established in 1992 by Sergei Plastininru and Mikhail Dubinin.
– Began with a leased juice bottling line and a loan of US$ 50,000.
– Listed on the New York Stock Exchange in 2002.
– Acquired a factory manufacturing Essentuki mineral waterru in 2003.
– Danone considered a takeover of Wimm-Bill-Dann in 2010.
– **PepsiCo Acquisition:**
– PepsiCo bought 66% of Wimm-Bill-Dann for $3.8 billion in 2010.
– Deal marked one of the biggest foreign investments in Russia.
– Wimm-Bill-Dann delisted its stock from NYSE in 2011.
– Acquisition completed in stages by December 2011.
– PepsiCo uncovered compliance issues post-acquisition.
– **Controversies:**
– Accused in 2016 of using milk from FMD-infected cows.
– Withdrew products from the market as per Rospotrebnadzor requirements.
– Company denied accusations but conducted investigations.
– **Brands:**
– Portfolio includes over 1,000 types of yogurt and dairy drinks.
– Recognized brands: J7 juicesru, 100% Gold Premium, Favourite Garden, House in a village, Jolly Milkman, Agousha (Russian names).
– **See Also:**
– Companies portal.
– Lebedyansky JSC.
– Russian fruit juice producer.
– Food industry of Russia.
Wimm Bill Dann (Russian: Вимм-Билль-Данн) is one of Europe's largest dairy products companies. WBD produces yogurt, milk, flavored milk, fruit juices, and other soft drinks. It holds a 34% share in all dairy products in Russia, and a 20% share of the fruit drink market.
Company type | Joint stock |
---|---|
Industry | Dairy |
Founded | 1992 |
Headquarters | Moscow, Russia |
Key people | Toby Denis Maher, Chairman of the Management Board Dmitry A. Anisimov, CFO Vera V. Eliseeva, Head of Human Resources |
Products | Milk, yogurts, sour creams, fruit juices |
Revenue | US$2.18 billion (2009) |
US$0.201 billion (2009) | |
US$0.117 billion (2009) | |
Total assets | US$1.49 billion (2009) |
Total equity | US$0.703 billion (2009) |
Number of employees | 18,485 |
Parent | PepsiCo |
Wimm Bill Dann has 30 production sites in 16 cities. 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. According to former Plant Manager Vladimir Tambov, the mascot is a mouse.