Danone completes acquisition of Australia's MADE Group, over €300 million in sales
With this transaction completed on 12 November 2026, the Paris-based group adds to its Essential Dairy & Plant-Based business in Asia-Pacific a portfolio focused on protein-rich beverages, yogurts dedicated to gut health, and coconut-based products. MADE Group operates in Australia, New Zealand and Southeast Asia.
An Australian group founded in 2005, present in three markets
Danone announced on 12 November 2026, at 6 p.m., the completion of its acquisition of MADE Group. Founded in Australia in 2005, the company develops food and beverage products focused on nutrition, with an integrated model that combines in-house expertise and production capacity.
Its portfolio includes ready-to-drink protein-rich beverages, yogurts geared toward gut health, and coconut-based products. MADE Group generated more than €300 million in sales over the fiscal year ended June 2026.
According to Danone, the company has consistently recorded double-digit growth and margins that the group describes as attractive, without any profitability figure being published to support this claim.
Integration into the Asia-Pacific dairy and plant-based business
Danone states that MADE Group will contribute significantly to its Essential Dairy & Plant-Based business (dairy and plant-based products) in Asia-Pacific. Antoine de Saint-Affrique, Chief Executive Officer of Danone SA, described the target as “an obvious fit for Danone, with a portfolio of strong brands in protein-rich products, gut health and plant-based”.
The executive outlined the rationale for the transaction: “By combining MADE’s entrepreneurial culture, its marketing expertise and proven market access with the scale, science and category expertise of Danone, we are excited to open new opportunities and reach even more consumers in Asia-Pacific.”
Amanda Butler, Chief Executive Officer of MADE Group, linked the company’s motto, “making healthy happy”, to Danone’s mission of bringing health through food to as many people as possible.
More than €300 million in sales compared with the group's €27.3 billion
Relative to Danone's scale, MADE Group's sales, exceeding €300 million over its last fiscal year, compare with the €27.3 billion in revenue generated by the group in 2025.
Danone, which employs around 90,000 people and sells its products in more than 120 markets, organizes its business around three categories: Essential Dairy & Plant-Based, Waters, and Specialized Nutrition. The acquisition falls within the first of these.
