Danone Leads Investment in Coconut-Water Producer Harmless Harvest
01 Febbraio 2018 - 07:04PM
Dow Jones News
By Marc Navarro Gonzalez
Danone SA (BN.FR) has led a $30 million investment round for
U.S. coconut-water producer Harmless Harvest, the French company
said Thursday.
Danone's undisclosed investment in San Francisco-based Harmless
Harvest has been made through its venture arm Danone Manifesto
Ventures, the food company said.
Mousse Partners, AccelFoods and other shareholders took part in
the funding round, Danone said.
Harmless Harvest was founded in 2010 and markets fresh organic
coconut water. It intends to use the investment to increase its
production capacity, raise its brand awareness and expand
distribution, Danone said.
Write to Marc Navarro Gonzalez at
marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
February 01, 2018 12:49 ET (17:49 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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