German Dairy Giant Theo Müller Group Acquires Plant‑based Milk Pioneer Berief Food
AcquisitionM&A

German Dairy Giant Theo Müller Group Acquires Plant‑based Milk Pioneer Berief Food

May 8, 2026

Why It Matters

The transaction provides Müller with immediate scale and expertise in plant‑based dairy alternatives, positioning it to capture rising consumer demand and compete in the lucrative European alternative‑protein market.

Key Takeaways

  • Müller acquires Berief Food for €113M (~$124M) turnover
  • Berief Food will operate independently under Müller’s ownership
  • Acquisition fuels Müller’s entry into plant‑based milk market
  • Expansion plans target Benelux and Eastern Europe markets
  • Deal highlights consolidation trend in alternative‑protein industry

Pulse Analysis

Germany’s plant‑based market has surged as consumers shift toward sustainable diets, prompting traditional dairy players to diversify. Theo Müller, a family‑run dairy powerhouse known for its fresh cheeses and yogurts, has struggled to gain traction with its own limited plant‑based line. By purchasing Berief Food, Müller instantly inherits a well‑established brand, a broad oat, almond and soy milk range, and a proven R&D pipeline, allowing it to bypass years of product development and market testing.

Berief Food, founded in 1985, commands a strong foothold in Europe’s largest plant‑based market with an annual turnover of roughly $124 million and EBITDA of $13 million. Its portfolio spans organic tofu, barista‑grade milks and seasonal flavors, supported by a 350‑person workforce at a modern Beckum facility. The acquisition aligns with Berief’s strategic goal to expand into Benelux and Eastern Europe, leveraging Müller’s extensive distribution network and export capabilities to accelerate growth beyond its domestic base.

The deal underscores a broader consolidation wave in the alternative‑protein sector, where over 70 companies have merged, been acquired, or exited since late 2024. As major food groups scramble for market share, Müller’s move signals a decisive shift from experimental product launches to full‑scale integration of specialist brands. Analysts expect the combined entity to boost private‑label plant‑based offerings and enhance innovation, reinforcing Europe’s position as a leader in sustainable food production.

Deal Summary

German dairy giant Theo Müller Group has agreed to acquire Berief Food, a leading German plant‑based milk and tofu producer, which will continue operating as an independent unit. The deal, aimed at accelerating Berief Food’s international expansion and strengthening Müller’s foothold in the alternative‑protein market, was announced on May 8, 2026 and is subject to regulatory clearance. Financial terms were not disclosed.

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