French dairy and nutrition giant Danone has agreed to acquire Australian food and beverage company MADE Group as part of its strategy to strengthen its position in the fast-growing high-protein nutrition market across the Asia-Pacific region. MADE Group, known for brands including Cocobella coconut water, yogurts, and Rokeby protein smoothies, generated more than €300 million in sales in the fiscal year ending June 2026 and has been delivering strong double-digit growth. Reports estimate the transaction value at around A$2 billion (US$1.4 billion), although Danone has not officially disclosed financial terms.
The acquisition is expected to significantly enhance Danone’s Essential Dairy and Plant-Based (EDP) business in Asia-Pacific, where demand for high-protein products continues to accelerate. Danone stated that the deal will contribute positively to operating margins and earnings per share from the first year. Alongside the acquisition, Danone will also purchase the remaining 49% stake in its fresh dairy joint venture with Saputo Dairy Australia, giving it full control of brands such as YoPRO, Activia, and Ultimate in Australia. Both transactions are expected to close during the second half of 2026.
Industry analysts view the move as another sign of increasing global investment in protein-rich, functional, and health-focused dairy products, driven by changing consumer preferences and growing demand for nutrition-oriented foods. The acquisition also strengthens Danone’s presence in Australia, New Zealand, and Southeast Asia, positioning the company to capitalize on continued growth in premium dairy and wellness categories. (Reuters)
Source: Dairynews7x7 23 June, 2026 Read full story here
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