Global food and nutrition company Danone has announced two strategic acquisitions aimed at strengthening its presence in the rapidly growing healthy nutrition market across the Asia-Pacific (APAC) region. The company has signed definitive agreements to acquire Australian health food company MADE Group and purchase the remaining 49% stake in its existing fresh dairy joint venture with Saputo Dairy Australia.
These investments are part of Danone’s Renew Strategy, which focuses on expanding its portfolio through targeted acquisitions while continuing to drive long-term organic growth.
Danone to Acquire MADE Group
Melbourne-based MADE Group has built a strong reputation for producing health-focused food and beverage products that cater to growing consumer demand for nutritious and functional foods. The company’s portfolio includes:
- High-protein ready-to-drink beverages
- Gut-health yoghurts
- Coconut-based food products
MADE has established a significant presence in Australia, New Zealand, and Southeast Asia, supported by strong marketing capabilities, continuous product innovation, and an efficient supply chain.
For the fiscal year ending June 2026, MADE generated more than €300 million in sales, consistently delivering double-digit growth and attractive profit margins. Danone expects the acquisition to contribute positively to its Essential Dairy and Plant-Based (EDP) business in the APAC region while improving operating margins and earnings per share (EPS) from the first year after completion.
Full Ownership of Australian Fresh Dairy Business
Alongside the MADE acquisition, Danone will also acquire the remaining 49% stake in its Australian fresh dairy joint venture with Saputo Dairy Australia.
The joint venture has established Danone as a leading player in Australia’s functional yoghurt segment through well-known brands including:
- YoPRO
- Activia
- Ultimate
By taking full ownership, Danone aims to gain greater operational flexibility and strengthen its ability to respond to increasing consumer demand for healthy dairy products.
Leadership Comments
Danone CEO Antoine de Saint-Affrique said the acquisition aligns with the company’s Renew Strategy and reflects its commitment to investing in businesses that promote health through nutrition. He highlighted MADE’s strong portfolio of protein-rich and gut-health products, describing the company as an ideal fit for Danone’s long-term growth ambitions.
MADE’s leadership also welcomed the agreement, stating that joining Danone will provide access to global research and development, advanced infrastructure, and expanded capabilities to accelerate innovation and regional growth while continuing its mission of “making healthy happy.”
Regulatory Approval
Both transactions remain subject to customary regulatory approvals and closing conditions. Danone expects the acquisitions to be completed during the second half of 2026.
What This Means for the Industry
The acquisition reflects the accelerating demand for healthier food choices across the Asia-Pacific region, particularly products focused on high protein, digestive health, and functional nutrition. By integrating MADE Group into its portfolio and gaining complete control of its Australian dairy operations, Danone is positioning itself to capitalize on these fast-growing consumer trends and further strengthen its leadership in the healthy nutrition market.
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