Danone strengthens its presence in Asia-Pacific with the acquisition of MADE Group

Danone has announced the signing of agreements to acquire MADE Group and the remaining shares in its Australian joint venture, thereby strengthening its position in the Asia-Pacific healthy nutrition sector. The acquisition of MADE Group allows Danone to leverage a portfolio of health-focused products, including protein drinks and yogurts for gut health.

Melbourne-based MADE Group brings its expertise in innovation and an integrated supply chain. With annual sales exceeding €300 million, MADE expands Danone's business in the region. This transaction is expected to be profitable within the first year.

The acquisition of the remaining 49% stake in the Australian fresh dairy joint venture completes this strategy. These moves are an integral part of Danone's Renew strategy.