Danone to buy bottled meal producer Huel in €1 billion deal

The deal marks the latest effort by Danone, which produces Activia yoghurt and Evian water, to capitalise on the trend for so-called functional nutrition including supplements and drinks with added vitamins.

The two companies said on Monday that Huel’s ‘whole food’ powders, snack bars and beverages met the growing demand from GLP-1 weight loss drug users and increasingly health-conscious consumers