Mergers & Acquisitons

The acquisition follows the company’s disciplined overseas expansion strategy, which has previously included deals in Twizza, Tanzania, and Ghana.

Both transactions will create additional opportunities for Danone to enhance its profitable growth prospects across the APAC region.

In connection with the closing, Saputo received net proceeds of approximately $543 million (US$400 million) and retains a 20% ownership interest in the business.

The acquisition strengthens Nestlé’s nutrition portfolio while positioning Yfood for international growth beyond Europe through expanded distribution and infrastructure.

Financial terms of the deal have not yet been disclosed at the time of publishing.