Danone, the French dairy and drinks multinational, has entered into two definitive agreements to expand its presence in the Asia-Pacific (APAC) region. The company has agreed to fully acquire MADE Group, a fast-growing Australia-based nutrition company, and will also purchase the remaining 49% stake in its existing fresh dairy joint venture with Saputo Dairy Australia.
Melbourne-based MADE Group specialises in health-focused food products, including high-protein ready-to-drink items, gut-health yoghurts and coconut-based products. The company has a significant presence across Australia, New Zealand and Southeast Asia, consistently delivering double-digit growth. For the fiscal year ending June 2026, MADE Group recorded sales of more than €300 million ($322 million).
Meanwhile, the buyout of Saputo Dairy Australia’s 49% stake consolidates Danone’s position in functional yoghurts, anchored by the YoPRO, Activia and Ultimate brands. Both transactions are subject to regulatory approvals and are expected to close in the second half of 2026.
Danone chief executive officer Antoine de Saint-Affrique stated: “This is another example of our Renew strategy at work: combining a strong focus on organic growth with targeted investments that further enhance our ability to meet demand for healthy nutrition”.
Source: Danone
