Danone to acquire Made Group

Danone announced on 22 June 2026 that it has entered into two definitive agreements that will enable it to expand its presence in the Asia–Pacific (APAC) region in the healthy nutrition space.

Firstly, it plans to acquire Melbourne-based company MADE Group, which has a portfolio of health-focused food products — including high-protein ready-to-drink products, gut-health yoghurts and coconut-based products — and an established presence across Australia, New Zealand and South-East Asia.

Complementing this acquisition, Danone also announced it will acquire the remaining 49% stake in its fresh dairy joint venture with Saputo Dairy Australia. Through this partnership, Danone has established a presence in functional yoghurts in Australia, with three brands: YoPRO, Activia and Ultimate.

Antoine de Saint-Affrique, Chief Executive Officer of Danone SA, said: “With its strong portfolio of brands and healthy nutritional products, focusing on gut health and protein, MADE shows an impressive track record of rapid and profitable growth. We share the same belief in health through food and are excited to welcome them into the Danone family.”

Amanda Butler, Chief Executive Officer of MADE Group, said: “Today marks an exciting next chapter for MADE. Danone shares our commitment to health and a passion for innovation, and we are excited about what comes next. Together we will access new infrastructure, capabilities and R&D expertise to accelerate our growth across the region. We are proud of what the team has built, and excited about what comes next.”

The transactions are subject to customary closing conditions, including regulatory approvals, and are expected to be completed in the second half of 2026.

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