Danone completed its purchase of Australian food and beverage company MADE Group on Nov. 12, adding a business with more than €300 million in fiscal 2026 sales to its Asia-Pacific operations.
MADE’s products include ready-to-drink protein beverages, gut-health yoghurts and coconut goods. Danone described MADE’s footprint across Australia, New Zealand and Southeast Asia as significant and said its growth was double digit and its margins attractive, without specifying figures.
Danone expects MADE to contribute meaningfully to its Essential Dairy & Plant-Based business in Asia Pacific. The acquisition brings the Australian company’s products and sales into that regional operation.
Danone unveiled the transaction June 22, linking it to its Renew strategy and projecting a close in the second half of 2026. Neither the June announcement nor the completion notice disclosed the purchase price or the size of the stake acquired.
The Australian Financial Review reported in June that TPG Capital’s sale was valued near A$2 billion. MADE Group Chief Executive Officer Amanda Butler said the companies’ missions align, describing MADE’s mantra as “making healthy happy.”
