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Danone plans to acquire U.S. plant-based organic formula maker Kate Farms

On May 12, 2025, Danone announced it had reached an agreement to purchase a controlling interest in Kate Farms, a California-based company specializing in plant-based, organic nutrition products.
The deal follows Danone's strategy to expand its Specialized Nutrition division, building on its 2024 sales growth and earlier acquisition of Functional Formularies.
Kate Farms produces nutritional shakes and tube-feeding formulas for everyday, medical, kids, and specialized nutrition, sold through retailers and over 1,400 hospitals.
Danone’s deputy CEO, Shane Grant, highlighted that the collaboration supports their commitment to a science-driven, patient-focused model in specialized nutrition, while CEO Brett Matthews underlined their goal to increase their global presence.
Subject to regulatory approval, the acquisition aims to broaden Danone's portfolio and extend Kate Farms' reach, supporting diverse health needs and reinforcing Danone's US presence.

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Investing.com

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Danone acquires U.S. plant-based organic formula maker Kate Farms

5 days ago

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U.S. News

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Danone Plans to Acquire U.S. Plant-Based Organic Formula Maker Kate Farms

5 days ago·New York, United States

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Wall Street Journal

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Danone Buys Majority Stake in Plant-Based Formula Maker Kate Farms

Danone didn’t disclose financial details

5 days ago·New York, United States

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Reuters

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Danone plans to acquire U.S. plant-based organic formula maker Kate Farms

Danone said on Monday it has agreed to buy a majority stake in Kate Farms, a U.S. maker of plant-based organic drinks that will fit into the French food giant's specialized nutrition portfolio.

5 days ago·United Kingdom

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RTÉ

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Danone buys US organic formula maker Kate Farms

Danone said today it has agreed to buy a majority stake in Kate Farms, a US maker of plant-based organic drinks that will fit into the French food giant's specialized nutrition portfolio.

5 days ago·Ireland

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El Economista

Danone agrees to acquire majority at Kate Farms to strengthen its specialized nutrition business

Danone agrees to acquire a majority at Kate Farms to strengthen his specialized nutrition businessDanone, the manufacturer of dairy food, water and specialized nutrition, agreed to acquire a majority stake in Kate Farms, an American company focused on organic and plant nutrition.Although the details of the operation were not disclosed, in terms of tenure and investment, the French food company said that with this movement it will strengthen and …

5 days ago

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