France’s Danone launches court action against Fonterra over food scare, ends supply contract

Wed, 08 Jan 2014

By Paul McBeth Jan. 9 (BusinessDesk) - Danone, the world’s biggest yoghurt maker, has launched legal proceedings against Fonterra Cooperative Group over last year’s whey protein concentrate recall and ended its existing supply contract with the New Zealand dairy exporter. The Paris-based food processing company is initiating proceedings in the New Zealand High Court and arbitration proceedings in Singapore “to bring all facts to light and to obtain compensation for the harm it has suffered,” it said in a statement. Danone put the cost of la...

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