LONDON, April 18 (Reuters) - Danone, whose CEO first
reached out to the International Olympic Committee (IOC) in
mid-2022 to get involved, is betting on the Paris Games' focus
on health and nutrition to boost summer sales of its yoghurts
and plant-based products.
Dozens of major French companies have emerged as first-time
partners of the Olympic Games this year, hoping to take
advantage of the sales opportunities and marketing exposure the
event typically gives sponsors.
Through press releases and marketing materials, the IOC has
made it clear that sponsors selling food and beverages -
including Coca Cola bottled water and Nestle's Garden Gourmet
meat alternatives - are part of a drive by the Olympics to
promote health and wellness.
The move is a far-cry from the past, when McDonald's
was a seven-time sponsor of the event until the London 2012
Games - for which it said it would serve about 50,000 Big Macs,
100,000 portions of fries and 30,000 milkshakes.
When Antoine de Saint-Affrique became Danone CEO
in 2022, one of the first things he did was to meet with the
head of the Olympic Games.
"Our plant based products, yoghurts, especially those with
high protein ... are extremely relevant for athletes and people
who take care of their health," the company's chief financial
officer Juergen Esser told Reuters in an interview.
"Obviously we will display our full portfolio including on
waters to take care of hydration," he added.
Danone's Evian water brand, however, did not manage secure
the deal to sell bottled water at the event, which went to
long-time sponsor Coca-Cola. Its other brands include Activia
yoghurts and Silk plant-based products.