Danone acquires U.S. plant-based organic formula maker Kate Farms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2025
0mins
Source: Reuters
Danone Acquires Majority Stake in Kate Farms: Danone has agreed to purchase a majority stake in Kate Farms, a U.S. company specializing in plant-based organic drinks, enhancing its specialized nutrition portfolio aimed at consumers with health needs.
Background and Future Plans: Founded in 2012 by Richard and Michelle Laver, Kate Farms produces nutritional formulas for various health conditions. The acquisition aligns with Danone's strategy to expand its offerings in the U.S. market, where it has been operating since 1942.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
