Danone Acquires Kate Farms
July 1, 2025
Danone has acquired Kate Farms, a U.S.-based maker of plant-based clinical nutrition formulas, bringing the company into Danone’s North America Medical Nutrition business. Investors including Novo Holdings, Goldman Sachs, Kaiser Ventures, Main Street Advisors, Aliment, Coeffecient, Ithaka and individual investors supported Kate Farms’ growth and are parties to the transaction. Kate Farms will continue operating as part of Danone’s North America Medical Nutrition unit under leadership led by Brett Matthews.
- Buyers
- Danone
- Targets
- Kate Farms
- Sellers
- Novo Holdings, Goldman Sachs, Kaiser Ventures, Main Street Advisors, Aliment, Coeffecient, Ithaka, Individual investors
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
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