What happened: Danone has purchased Huel, the health food company supported by Idris Elba and Jonathan Ross, for €1 billion (£860 million).
Why it matters:
- The acquisition signals Danone's expansion into the growing health and nutrition market.
- Huel's existing customers and investors may see changes as the brand integrates with Danone.
MNN Take: This deal reflects a trend of large food companies investing in health-focused brands to diversify their portfolios.
Sources: BBC Business