Coca-Cola takes 45% minority interest in Australian beverage company Made Group

By Rachel Arthur

- Last updated on GMT

Pic:Getty/NakhornYuangkratoteEyeEm
Pic:Getty/NakhornYuangkratoteEyeEm

Related tags Coca-cola Australia

Coca-Cola Amatil and The Coca-Cola Company have announced a joint acquisition of a 45% minority interest in Australia’s Made Group, which is behind beverage and dairy brands such as Cocobella, Rokeby Farms, Impressed and NutrientWater.

Launched in 2005, the Made Group’s portfolio now includes cold-pressed juice (such as Impressed), high-protein smoothies, probiotic milk, yogurts, coconut water (such as Cocobella) and cold-brew coffee (such as Schnobs). Its most recent launch is a new range of 100% plant-based, dairy-free almond milk yogurts under the Impressed Brand last month.

The company employs more than 100 people across four office locations (Melbourne, Sydney, Brisbane and Perth) and exports to Malaysia, Singapore and Hong Kong.

Made Group has invested $17m AUD ($12m USD) since 2013 in its own manufacturing facility in Scoresby, Melbourne; and will open a new 30,000 state-of-the-art facility in Dandenong later this year as part of a $45m AUD ($31m USD) project to support growth.  

Made Group co-founders Luke Marget and Matt Dennis credit the success of the company to date with its ability ‘to move quickly and tap into emerging health trends’. They will continue to run the business. 

Announcing the partnership, Coca-Cola says that Made Group will “continue operating independently and with the same entrepreneurial spirit, while being supported by Coca-Cola Australia and Coca-Cola Amatil to grow market reach and distribution.”

Financial terms have not been disclosed.

Last month The Coca-Cola Company acquired Australian kombucha maker Organic & Raw Trading Co,​ its first acquisition in the kombucha category, while last year Coca-Cola Amatil bought Western Australia craft brewer Feral Brewing Company.

Related topics Business Beverages Dairy

Related news

Related products

show more

Elevate your snacks with novel cheese flavours

Elevate your snacks with novel cheese flavours

Content provided by Givaudan | 23-Feb-2024 | Product Brochure

Aside from conducting desk research to understand snacking preferences and taste profiles among consumers in the Asia Pacific, Givaudan also embarked on...

Analyzing the unknown threat from Microplastics

Analyzing the unknown threat from Microplastics

Content provided by Agilent Technologies | 06-Nov-2023 | Infographic

Microplastics are any plastic-derived synthetic solid particle or polymeric matrix, ranging in size from 1 µm to 5 mm and insoluble in water.

Functional Beverage Market Insights in ASPAC

Functional Beverage Market Insights in ASPAC

Content provided by Glanbia Nutritionals | 06-Jul-2023 | Product Brochure

High growth ahead for protein beverages makes Asia Pacific (ASPAC) the market to watch. Consumer research shows new usage occasions, key consumption barriers,...

Related suppliers

Follow us

Products

View more

Webinars

Food & Beverage Trailblazers