Last mentioned: Mar 24, 2026
Expected Closing
The transaction is anticipated to close following standard regulatory reviews and approvals.
Definitive Agreement
Danone officially announces the agreement to acquire Huel to expand its functional nutrition portfolio.
Initial Bid Reports
Market reports surface regarding Danone's $1.2B offer for the UK nutrition firm.
Legal Advisory Confirmed
Freshfields and Pinsent Masons are named as lead legal advisors for the transaction.
Acquisition Announced
Danone announces a definitive agreement to buy Huel for approximately €1 billion.
Revenue Surge
Huel reports record revenues of £184.5 million, up 28% year-over-year.
Funding Milestone
Huel raises $20 million in a funding round led by Highland Europe, valuing the company at $560 million.
Huel Founded
Julian Hearn launches Huel in the UK as a 'complete nutrition' solution.
Danone has reached a definitive agreement to acquire Huel, the UK-based pioneer of meal-replacement products, in a deal valued at approximately €1 billion. This acquisition marks a major step in Danone's 'Renew Danone' strategy, aimed at dominating the high-growth functional and active nutrition sectors.
Global food giant Danone has reached a definitive agreement to acquire Hertfordshire-based Huel in a deal valued at approximately $1.2 billion. The acquisition marks a significant acceleration of Danone's strategy to dominate the high-growth functional nutrition and meal-replacement markets.