Danone Expands in Asia-Pacific with Acquisition of Made Group and Full Control Over Fresh Dairy JV
French dairy company Danone announced two strategic moves to strengthen its presence in the fast-growing healthy nutrition market across Asia-Pacific. The firm will acquire Australia-based drinks business Made Group, known for brands like Cocobella coconut water, as well as take full control of its Australian fresh dairy joint venture with Saputo by acquiring a 49% stake.
Topics: acquisition Asia-Pacific expansion healthy nutrition joint venture