Danone to tap protein demand in Asia by buying Australia’s Made
Key takeaways
- “High-protein yoghurts are flying off the shelf in Australia and New Zealand,” he said, citing markets where Danone has little presence in these products.
- The deal, for an undisclosed amount, is the latest bolt-on acquisition for Danone, which is looking to tap a surge in interest in healthier eating.
- Danone shares were down 0.46% at 0715 GMT.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize French food giant Danone said on Monday it will acquire Australia’s Made Group, expanding into high-protein foods in the Asia-Pacific region in a global race to tap surging demand from users of weight-loss drugs.
Made Group, which produces Cocobella coconut water and yoghurt as well as Rokeby protein smoothies, had sales of more than €300 million ($344 million) in the year to June 2026 and is seeing “very, very strong double-digit growth”, Danone’s deputy CEO Juergen Esser told Reuters.
“High-protein yoghurts are flying off the shelf in Australia and New Zealand,” he said, citing markets where Danone has little presence in these products. Made is also expanding in South-east Asia, where it is an early mover in protein products.