Your weekly round-up of 5 essential coffee industry stories you won’t want to miss...
- Danone acquires an RTD protein giant for €1bn
- French private equity firm makes second German bakery-café acquisition, plans more
- Chobani to invest hundreds of millions of dollars in La Colombe
- Mixue’s Lucky Cup challenges Luckin Coffee and Cotti Coffee in China
- Joe & The Juice makes major US market announcement
1. Danone beefs up protein portfolio with €1bn Huel acquisition
Dairy giant Danone has placed its biggest bet yet on the booming protein and functional beverages market after agreeing to acquire UK-based Huel.
Founded in 2014, Huel produces a wide range of plant-based powders, ready-to-drink (RTD) shakes and coffee beverages, snacks, and supplements formulated as meal replacements.
The acquisition will enable the French conglomerate to strengthen its presence in the booming functional nutrition market – a fast-growing category driven by rising consumer demand for premium, health-focused F&B products and broader interest in wellness trends.
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