joint venture

What Can You Learn From A Bittersweet Joint Venture Partnership In China?

Set up in 1996, the Wahaha-Danone joint venture (JV) partnership helped establish Wahaha as one of China’s best-known brands and became a major contributor to Danone’s fast-growing business in China. However, despite the success, in 2007 the companies were embroiled in legal battles and a bitter public feud over Danone’s attempt to gain a share of the non-JV Wahaha group companies. In Chapter 16 of the OWP Book 2008, “Riding the winds of global change”, (to be published in September 2008), Professor Stewart Hamilton and Research Associate Jinxuan (Ann) Zhang outline key lessons from the dispute.