Danone Completes Acquisition of Huel, Global Leader in Complete Meals
Danone has signed a definitive agreement to acquire Huel, the global leader in nutritionally balanced complete meals. This move allows the French group to expand its portfolio in the rapidly growing category of nutritionally complete food.
Strengthening Renew Strategy with Huel Acquisition
Danone enhances its Renew strategy through the acquisition of Huel, a leading player in complete meal solutions. Huel offers a wide range of products including powders, ready-to-drink beverages, Hot & Savory meals, nutritional bars, supergreens, and functional drinks. The company operates a cutting-edge direct-to-consumer online sales model, supported by a loyal customer community in the UK, Europe, and the United States.
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The integration of Huel with Danone's expertise and international presence aims to accelerate growth, innovation, and global expansion. Founded on a scientific approach to formulation, Huel provides essential macronutrients and micronutrients in convenient, plant-based formats. Danone operates in over 120 countries, employs nearly 90,000 people, and reported a revenue of 27.3 billion euros in 2025. Antoine de Saint Affrique, CEO of Danone, emphasizes that this acquisition opens opportunities in the booming world of complete nutrition, aligning with the Renew strategy.
Aligned Missions in Offering Complete, Convenient, and Sustainable Nutrition
Huel's mission to offer nutritionally complete, convenient, and sustainable foods aligns directly with Danone's purpose: to bring health through food to as many people as possible. James McMaster, CEO of Huel, states that the company now has the infrastructure, distribution capabilities, and research and development resources needed to reach new markets and a broader audience. Over the past decade, Huel has built a positively impactful brand, with an omnichannel model based on strong direct-to-consumer sales activity and rapidly growing retail presence.
SectorAgroalimentaire · Grande consommation›Produits alimentaires
Context
Period
Period: 1T2026
Key reported figures
Revenue: 6708M€
Guidance from the release
La performance du premier trimestre confirme, une nouvelle fois, la résilience, la solidité et la pertinence de notre portefeuille axé sur la santé.
Chiffre d'affaires en baisse de -2,0% en données publiées, mais croissance solide de +2,7% en données comparables.
Risks mentioned
Impact des rappels de laits infantiles en Europe sur la Nutrition Spécialisée.
Conflit au Moyen-Orient influençant la performance en EMEA.
Dépréciation de plusieurs devises par rapport à l'euro.
Opportunities identified
Acquisition de Huel renforçant notre présence dans la nutrition fonctionnelle.
Création d'une joint-venture avec Arcor ouvrant des opportunités dans les produits laitiers.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.