Who Owns Evian?
Evian is owned by Danone (EPA: BN), the French multinational food company. Danone acquired majority control of the Evian brand and its parent company Société Générale des Grandes Sources d'Eaux Minérales Françaises in 1970. Evian natural mineral water is sourced from a protected Alpine watershed above Évian-les-Bains, France, and is sold in more than 140 countries.
Parent Company
Danone
Acquired
1970
Status
Private
Headquarters
Évian-les-Bains, France
Who Owns Evian?
- Parent Company: Danone
- Ownership Type: Wholly owned
- Acquisition Year: 1970
- Company Type: Publicly Traded
- Stock Ticker: Euronext Paris: DANOY
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Evian | Danone | Wholly owned |
History of Evian
- Founded: 1826
- Founders: Marquis de Lessert
- Acquired by Danone: 1970
The Evian spring was discovered in 1789 when the Marquis de Lessert drank water from the Cachat spring above the village of Évian-les-Bains on the southern shore of Lake Geneva in Haute-Savoie. He reportedly noticed health benefits and the spring became known for its therapeutic water.
The town of Évian-les-Bains developed as a spa resort in the nineteenth century, and the commercial bottling of Evian mineral water began in 1826 when the Count of Laizer obtained authorization to distribute the water in bottles. The water became fashionable among European royalty and the wealthy, establishing the premium positioning that defines the brand today.
Evian mineral water undergoes a natural filtration process that takes approximately 15 years as rainwater and snowmelt percolate through glacial layers and mineral sands in the Alps above the town. This slow filtration gives Evian its characteristic low mineral content and neutral taste.
About Danone
Danone delivered strong performance in FY2024, marking significant progress in its strategic transformation under the "Renew Danone" plan. The company achieved positive volume-mix for the first time since launching the strategic plan in 2022, demonstrating successful execution of its health-focused strategy.
Financial Performance: Danone reported 2024 sales of €27.4 billion, with net income more than doubling to €2.02 billion from €881 million in 2023. Operating income rose to €3.4 billion from €2.04 billion in 2023, while earnings per share more than doubled to €3.14 from €1.36 in 2023. Recurring operating margin improved to 13% from 12.6% in 2023.
Volume-Mix Improvement: CEO Antoine de Saint-Affrique noted that Q4 2024 marked the sixth quarter in a row of volume-mix improvement, with high-protein, coffee, and medical nutrition posting double-digit growth. The company's Essential Dairy & Plant-Based (EDP) category achieved positive volume-mix in Europe for five consecutive quarters after 10 years of decline.
Health-Focused Strategy: Danone's increased focus on health and nutrition research and strategic shift to formulations perceived as healthier is paying dividends. The company successfully petitioned the US FDA in 2024 to secure a science-backed claim linking yogurt consumption with reduced risk of developing type-2 diabetes.
- Founded: 1919
- Headquarters: Paris, Ile-de-France, France
- Company Type: Publicly Traded
- Stock: Euronext Paris: DANOY
- Revenue: €27.4 billion (FY2024)
- Employees: Over 90,000
Where Is Evian Made / Based?
- Headquarters: Évian-les-Bains, France
Evian Sustainability & Ethics
Evian has committed to an ambitious circular packaging goal: all Evian plastic bottles to be made from 100% recycled plastic (rPET) by 2025. The brand's "evian Revive" program also supports watershed protection around the Alpine source area.
Brands Owned by Danone
- Aqua - Bottled water brand owned by Danone, providing purified drinking water across mu...
Where to Buy
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Evian on AmazonCompetitors to Evian
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Coca Cola Company | USA | 1999 | Mass market | Global | All-ages | |
| Coca Cola Company | USA | 1996 | Premium | Global | Unisex | |
| Coca Cola Company | Mexico | 1895 | Mass market | Global | All-ages |
Learn More About Competitors
Dasani
Owned by The Coca-Cola Company
American purified bottled water brand known for its mineral-enhanced water and distinctive blue bottle design, marketed by The Coca-Cola Company worldwide.
smartwater
Owned by The Coca-Cola Company
American premium bottled water brand featuring vapor-distilled water with added electrolytes for enhanced taste and hydration, known for its sleek bottle design.
Topo Chico
Owned by The Coca-Cola Company
Mexican mineral water brand owned by The Coca-Cola Company, known for its naturally carbonated mineral water sourced from Cerro del Topo Chico in Monterrey, Mexico.
Competitive Analysis
Market Positioning: Evian competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Danone Stock Information
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