Danone Expands APAC Footprint with Acquisition of Made Group
On June 22, 2026, Danone announced plans to acquire Made Group, an Australian company specializing in health-focused food and beverages, along with the remaining 49% stake in its fresh dairy joint venture with Saputo Dairy Australia. This strategic move is part of Danone's Renew strategy, which combines organic growth with targeted acquisitions to strengthen its presence in high-growth health and nutrition categories.
Made Group, based in Melbourne, has reported annual sales exceeding €300 million for the fiscal year ending June 2026. The company offers a range of products, including high-protein ready-to-drink beverages, gut-health yogurts, and coconut-based items, which are in high demand among consumers seeking functional and healthier food options. Made Group has established a significant presence in Australia, New Zealand, and Southeast Asia, supported by its in-house manufacturing, innovation expertise, and an extensive distribution network.
Danone CEO Antoine de Saint-Affrique highlighted Made Group's strong portfolio and rapid growth, stating that the acquisition aligns with Danone's strategy to enhance its capabilities in meeting the demand for healthy nutrition. Amanda Butler, CEO of Made Group, expressed that joining Danone would provide access to additional infrastructure, research and development expertise, and broader capabilities to accelerate growth across Asia-Pacific markets.
The acquisition of the remaining stake in the joint venture with Saputo Dairy Australia will solidify Danone's position in Australia's functional yogurt segment, with brands such as YoPRO, Activia, and Ultimate. These transactions underscore the growing importance of functional nutrition, protein-rich products, and gut-health offerings within the global food and beverage sector.
Industry analysts have identified these categories as some of the fastest-growing segments in packaged foods, particularly in the Asia-Pacific region, where health-conscious consumption is on the rise. The deals are subject to customary regulatory approvals and are expected to close in the second half of 2026.
These acquisitions follow a series of strategic investments by Danone in health-focused nutrition businesses, including partnerships with UK meal replacement brand Huel and the acquisition of biotic specialist Akkermansia and specialized nutrition company Kate Farms.
