Danone to acquire protein shake maker Huel

Danone is set to acquire Huel, a prominent maker of protein shakes and nutritional products, reflecting a strategic move into the rapidly expanding health and nutrition market. Danone CEO Antoine de Saint-Affrique views the merger as a significant opportunity to capitalize on growing consumer demand for health-focused food and beverage options. This acquisition aligns with Danone's strategy to diversify its portfolio and strengthen its position in high-growth segments of the food industry.