Made Group was described as a “fast-growing” company with a health-focused portfolio that includes high-protein ready-to-drink products, gut-health yoghurts and coconut-based products.
Made has a “significant presence” in its home country of Australia as well as across New Zealand and Southeast Asia.
The company boasts a portfolio of beverages including Cocobella, the coconut water and yogurt brand; Rokesby, the functional dairy brand that includes protein smoothies; Impressed, the cold pressed juices brand, and Nutrientwater, which is described as “Australia’s first enhanced water beverage.”
Danone said the group had delivered double-digit growth and attractive margins and, with sales hitting more than €300 million for the fiscal year ending June 2026.
Danone said it would represent a “meaningful contributor” to Danone’s EDP (Essential Dairy and Plant-based) business in APAC.
Antoine de Saint-Affrique, chief executive officer of Danone SA, said: “With its strong portfolio of brands and healthy nutritional products, focusing on gut health and protein, MADE shows an impressive track record of rapid and profitable growth. We share the same belief in health through food and are excited to welcome them into the Danone family.”
Amanda Butler, Chief Executive of Made Group, said:“Together we will access new infrastructure, capabilities and R&D expertise to accelerate our growth across the region. We are proud of what the team has built, and excited about what comes next.”
Danone also announced it would acquire the remaining 49% stake in its fresh dairy joint venture with Saputo Dairy Australia.
Through this partnership, Danone has established a presence in functional yoghurts in Australia, with three flagship brands, YoPRO, Activia and Ultimate.
The transactions are subject to customary closing conditions, including regulatory approvals, and are expected to be completed in the second half of 2026.
This is not the first recent purchase covering functional beverages for the dairy giant as its €1bn Huel bid in the UK has sparked competition scrutiny.
The UK’s Competition and Markets Authority, a department of the British Government, invited market views on the acquisition. This concluded on 10th June and the consultation proceeds a formal investigation into the merger.
