Tracked deals
5
5 tracked deals across 2020-2026.
Public Company
Consumer
Danone
Paris, France
Danone is a global food and beverage company focused on health-focused categories including Essential Dairy & Plant-Based, Waters, and Specialized Nutrition. The group is listed on Euronext Paris (Euronext: BN).
- Focus Areas
- Essential dairy & plant-based, Waters, Specialized nutrition
- Website
- danone.com
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Buyout
5 buyout
Danone Acquisition Volume by Year
Last 4 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- Danone
- Target
- MADE Group, Danone's Australian fresh dairy joint venture (remaining 49% stake) with Saputo Dairy Australia
- Industry
- Food & Beverage
- Location
- Victoria, Australia
- Type
- Buyout
Danone entered into two definitive agreements to expand its healthy nutrition presence across Asia-Pacific. It will acquire MADE Group (Australia) and also purchase the remaining 49% stake in its Australian fresh dairy joint venture with Saputo Dairy Australia, which supports functional yogurt brands such as YoPRO, Activia, and Ultimate.
-
March 24, 2026
- Buyer
- Danone
- Target
- Huel
- Industry
- Consumer Products
- Location
- United Kingdom
- Type
- Buyout
Danone has entered into a definitive agreement to acquire Huel, a provider of complete, nutritionally balanced meal solutions. The deal is intended to enhance Danone’s presence in functional nutrition and extend its portfolio in the Complete Nutrition space, subject to customary regulatory approvals.
-
- Buyer
- Danone
- Target
- Functional Formularies
- Seller
- Swander Pace Capital
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Type
- Buyout
Danone has acquired Functional Formularies, a provider of organic, whole-food, shelf-stable feeding tube formulas, from private equity firm Swander Pace Capital. Swander Pace had owned Functional Formularies since 2018 and invested in sales, innovation, and operations to grow the business; advisors on the transaction included Lazard and Jones Day.
-
February 18, 2021
- Buyer
- Danone
- Target
- Earth Island (Follow Your Heart)
- Industry
- Food & Beverage
- Location
- California, United States
- Type
- Buyout
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.
-
October 21, 2020
- Buyer
- Nutricia, Danone
- Target
- Real Food Blends
- Seller
- Julie Bombacino, Tony Bombacino
- Industry
- Food & Beverage
- Location
- Indiana, United States
- Type
- Buyout
Nutricia, part of Danone's Specialized Nutrition business, has acquired Real Food Blends, a Chesterton, Indiana-based maker of 100% real-food meals for people who rely on feeding tubes. The founders, Julie and Tony Bombacino, will remain in their roles as CEO and President while Nutricia intends to scale the Real Food Blends portfolio and expand its reach through Nutricia/Danone's broader distribution and clinical channels.
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