The company was established in 1992 by (the father of fashion designer
Kira Plastinina) and Mikhail Dubinin. The business began with a leased juice bottling line and a loan of US$ 50.000. Plastinin and Dubinin invited
David Iakobachvili. Together with other partners, they leased a juice bottling line at the . The first name for the juices was given the name of the company itself: the word "Wimm Bill Dann" was coined in assonance with the English "
Wimbledon". The company was one of the first Russian producers of
fruit juice under the "J7" brand. In response to a decline in the census of
dairy cattle in Russia, the company spent US$7 mm in 1999 to modernize its suppliers'
milking and
refrigeration equipment. The company listed on the
New York Stock Exchange in 2002. The company had been producing the «» «» and brands of mineral water until 2018, when it the plant to the
joint-stock company «Holding-Aqua».
Danone considered a takeover of Wimm-Bill-Dann around the same year. It at one time had an 18% stake in the company, which it sold in October 2010. The purchase was one of the biggest
foreign investments yet seen in Russia outside the
energy industry. Following the acquisition, the company delisted its stock from the
New York Stock Exchange in 2011. The deal was completed in several stages entirely (100%) by December 2011 through a multi-stage acquisition from founding shareholders, management and free float. The acquisition was the second-largest in PepsiCo history (after its earlier acquisition of
Quaker Oats). == Operation ==