Danone to acquire Australia’s MADE Group

Danone (BNp) has agreed to acquire Australian food and beverage company MADE Group, expanding its presence in the country’s market. The French food group disclosed the planned transaction but did not provide any financial details of the deal. The announcement marks a new step in Danone’s (BNp) efforts to grow its portfolio in categories aligned with health and nutrition trends.

MADE Group is based in Australia and operates in the food and beverage segment, adding local production and innovation capabilities to Danone’s global network. While the purchase price has not been disclosed, Danone has outlined how the acquisition is expected to contribute to its business performance once completed.

Alongside the MADE Group acquisition, Danone plans to purchase the remaining 49% stake in its fresh dairy joint venture with Saputo Dairy Australia. This transaction will give Danone full ownership of the venture, consolidating its position in the Australian fresh dairy market. Both the MADE Group deal and the Saputo Dairy Australia stake purchase are subject to customary closing conditions, including regulatory approvals.

The companies involved expect these two transactions to be finalized in the second half of 2026. Completing them within the same timeframe would align Danone’s Australian operations under a more integrated structure, combining fresh dairy activities with a broader range of food and beverage products.

MADE Group reported sales of more than €300 million for the fiscal year ending June 2026. This revenue base reflects the scale of the Australian company within its domestic market and provides an indication of the potential contribution to Danone’s broader business once the acquisition is completed.

Danone has stated that the acquisition of MADE Group is expected to be accretive to its operating margin and earnings per share from the first year. This guidance highlights the company’s expectation that integrating MADE Group will support profitability as well as growth. The combination of existing dairy activities and MADE Group’s portfolio is intended to strengthen Danone’s position in the region.

Through the acquisition of MADE Group and full ownership of the Saputo Dairy Australia joint venture, Danone is positioning itself to expand further in the Asia-Pacific market. The additional sales, production assets and brands from MADE Group, along with full control of its dairy operations, provide Danone with a larger platform in Australia.

These moves reflect a strategic focus on categories that can support both revenue growth and improved margins. By combining new assets with existing operations, Danone aims to enhance its competitive standing in the region once the transactions close in the second half of 2026.