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Biscuit company in Alger

DANONE has just sign an agreement concerning the creation of a joint venture with Sotubi, a Tunisian group, from which he is the partner since 1997, to build a manufacture of cookies in Algiers. DANONE, which will detain 51% of this joint venture, decided to carry his participation from 20 to 49% in the Society Tunisian of Biscuit making, the number one of the cookie in Tunisia with about 60% of market share

Article published on November 13 2007
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