Jun 23, 2026 – 9.55amFrench food giant Danone is targeting further acquisitions in Australia and New Zealand to tap into surging demand for health-focused products such as yoghurt and protein drinks, following its $1.6 billion-plus splurge on local producer Made Group.Danone announced on Monday it had purchased the Melbourne-based company, which owns the Cocobella coconut water and Rokeby protein shakes brands, from TPG Capital, confirming a report in The Australian Financial Review at the weekend.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles