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Danone Acquires Huel for €1 Billion to Boost Nutrition

3/23/2026

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Summary

Story summary

Danone has finalized its acquisition of Huel, the UK-based meal replacement brand, for roughly €1 billion.
The deal aligns with Danone's Renew Danone strategy to expand its functional nutrition footprint.
Huel, a UK-based meal replacement brand founded in 2015, has grown to more than 25,000 retail locations.
Huel reported £214 million in revenue in 2024.
The deal is subject to regulatory approvals.

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Story summary

Danone has finalized its acquisition of Huel, the UK-based meal replacement brand, for roughly €1 billion.
The deal aligns with Danone's Renew Danone strategy to expand its functional nutrition footprint.
Huel, a UK-based meal replacement brand founded in 2015, has grown to more than 25,000 retail locations.
Huel reported £214 million in revenue in 2024.
The deal is subject to regulatory approvals.