Danone Acquires MADE Group and Remaining 49% Stake in Australian Fresh Dairy JV

Lactalis Canada to Acquire Agropur Cooperative Fine Cheese Division

July 16, 2026

Food & Beverage

Lactalis Canada Inc. has reached a definitive agreement to acquire Agropur Cooperative’s fine cheese division, including the OKA, Monsieur Gustav and L’Extra brands. The deal also includes two Quebec production facilities in Oka and Saint-Hyacinthe, as well as Agropur’s fine cheese import activities, and is expected to add about 400 employees to Lactalis Canada’s workforce.

Lactalis Acquires Protein Works

June 2, 2026

Consumer Products

French dairy group Lactalis has acquired UK-based nutrition brand Protein Works to accelerate its expansion in protein-rich foods, sports nutrition, wellness products, and meal replacements. The deal provides Lactalis with Protein Works’ established consumer brand and direct-to-consumer capabilities, while Protein Works’ team and employees are joining the Lactalis Group. Financial terms were not disclosed.

Danone Buys Majority Stake in Kate Farms

July 1, 2025

Healthcare Services

Danone has entered into a definitive agreement to acquire a majority stake in Kate Farms, a U.S. plant-based clinical nutrition company. After closing, Kate Farms CEO Brett Matthews will become Chairman and CEO of Danone’s North America Medical Nutrition business, while Kate Farms senior management retains a minority stake.

Platinum Equity Acquires Horizon Organic and Wallaby from Danone

January 1, 2024

Food & Beverage

Platinum Equity has signed and completed an agreement to acquire a majority interest in Danone's Horizon Organic and Wallaby brands, a carve-out intended to operate the brands as a standalone business. The transaction transfers ownership from Danone to Platinum Equity, positioning the organic dairy brands to benefit from Platinum's carve-out and operational expertise and to pursue growth and product innovation.

Next Gen Foods Acquires London-based Plant‑Based Dairy Startup Mwah!

March 6, 2023

Food & Beverage

Singapore-founded food tech company Next Gen Foods has acquired London-based plant‑based dairy startup Mwah!, integrating Mwah!'s plant‑based gelato and dairy‑inspired technology into its TiNDLE platform. The acquisition expands Next Gen's product portfolio into plant‑based dairy, supporting faster product development, distribution scale-up across the U.K. and other markets, and new retail and foodservice offerings.

Danone Acquires Earth Island (Follow Your Heart)

February 18, 2021

Food & Beverage

Danone has entered into a share purchase agreement to acquire 100% of Earth Island, the maker of the Follow Your Heart plant-based brands. The acquisition strengthens Danone's plant-based portfolio and will help accelerate the international expansion of Follow Your Heart's dairy-free cheeses, Vegenaise and other plant-based products.