Huel was consolidated in Danone’s financial statements from September 1, 2026.
The sale to Wood Partners marks the Boston, US-based PE firm’s sixth significant carve-out acquisition from five major global consumer companies, including Bayer, Reckitt, Unilever and Haleon.
The transactions are expected to close in the third quarter of 2026, subject to customary closing conditions.
The acquisition remains subject to approval by the Netherlands Authority for Consumers and Markets (ACM). The proposed transaction has already been notified to the competition authority.
China Mengniu consolidates ownership structure to launch market divestment through McGrathNicol amid active Oceania dairy M&A.