10 Companies That Take Care of Everything You Eat

By siliconindia | Thursday, 21 August 2014, 11:32 Hrs

(#) Associated British Foods

Associated British Foods is a multinational food processing and retailing company headquartered in London, U.K. It has built out a charismatic presence mostly through acquisitions. Its ingredients division is the world's 2^nd largest producer of both sugar and baker's yeast.

The net revenue worth $21.1 billion for the company and the net profit estimates upto $837 million providing employment opportunities to around 112,652 people all over the world.

It operates in sugar factories, sells food ingredients to wholesale and industry customers, and manufactures consumer products such as Mazola corn oil and Twinings tea.

(#)Groupe Danone S.A.

The Groupe Danone is a French food-products multinational corporation, founded in 1919 in Spain. It produces dairy products, bottled water, cereals, baby foods and yogurts. The company owns a net worth of $ 29.3 billion and picks a profit of $2 billion every year.

The company owns several internationally known brands of bottled water namely Aqua, Volvic, Evian, and Badoit and has a 51 percent holding in China's Wahaha Joint Venture Company.

The company spends around $1.2 billion on advertising yearly. About 56 percent of its 2006 net sales derived from dairy, 28 percent from beverages, and 16 percent from biscuits and cereals.