Danone announces that it has acquired a majority stake in Kate Farms, a fast-growing US company specializing in medical and everyday nutrition based on organic plant-based ingredients.
Kate Farms is the #1 plant-based brand recommended by doctors in the US, the food company said, which is strengthening its medical nutrition business to provide better access to those in need of specialized nutrition.
As previously announced, Danone is partnering with the Kate Farms management team to accelerate the growth of its medical nutrition business in North America, with Brett Matthews, former CEO of Kate Farms, becoming CEO of these businesses.
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Danone is one the world leading food-processing groups. Net sales break down by family of products as follows:
- dairy products and plant products (48.2%; No. 1 worldwide): fresh fermented milk products, creams, products and drinks of plant origin (based in particular on soya, almond, hazelnut, rice, oats and coconut);
- specialized nutrition products (34%): baby foods (No. 2 worldwide; foods for infants and young children in addition to breastfeeding) and medical nutrition products (foods for people suffering from certain pathologies or people weakened by age);
- bottled water (17.8%; No. 2 worldwide): natural water, aromatized water or enriched in vitamins (brands Evian, Volvic, Badoit, Aqua, etc.).
At the end of 2025, the group had more than 180 production sites throughout the world.
Net sales are distributed geographically as follows: Europe (35.8%), North America (23.2%), China/North Asia/Oceania (14.5%), Asia/Middle East/Africa (16.3%) and Latin America (10.2%).
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