Groupe Danone will increase its stake in Bright Dairy & Food Co to 9.7% through two share transfer deals. The company's board has approved the stock sale to the Paris-based Groupe Danone, the Shanghai-listed Bright Dairy said in a statement to the stock exchange. Previously, Danone's Asian unit held a 3.85 per cent stake in the Shanghai company.
Don Desjarlais, formerly of Alto Dairy Cooperative has been appointed ex. v.p., President and Chief Financial Officer of Lucille Farms Inc. , Montville N.J a manufacturer and marketer of mozzarella cheese.