Reported about 11 hours ago
Danone has announced the acquisition of a majority stake in Kate Farms, a U.S. company specializing in plant-based organic drinks aimed at various nutritional needs. Founded in 2012, Kate Farms provides formulas for daily dietary use and medical feeding, particularly for individuals with health conditions. The deal aligns with Danone's strategy to enhance its specialized nutrition portfolio, and the financial terms of the acquisition remain undisclosed.
Source: YAHOO