Beyond the acquisition of MADE Group, the company confirmed it is buying the remaining 49% stake in its existing dairy joint venture with Saputo Dairy Australia. This move grants Danone full control over the partnership, effectively streamlining its operations in the competitive local dairy sector. While the financial terms of these transactions remain undisclosed, the shift reflects a broader commitment to capturing demand for functional and health-oriented food products across the continent.
Danone Expands Asia-Pacific Footprint With MADE Group Acquisition
Danone has moved to solidify its presence in the Asia-Pacific nutrition market by acquiring Australia-based MADE Group. This strategic purchase of the health-food producer, which specializes in high-protein drinks and coconut-based snacks, marks a significant step in the French giant's regional expansion strategy.
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