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WhiteWave Foods has climbed quite nicely on the stock market since being spun off from Dean Foods . It is up from around $17.75 per share in July to $22.70 per share at the time of writing.
Shares of WhiteWave Foods recently jumped by around 11%, driven by strong fourth-quarter earnings results. Investors who bought WhiteWave when it was spun-off from Dean Foods could have realized a ...
The company was established as "WhiteWave Foods" in 1977 by Steve Demos in Boulder, Colorado, to expand soy into the market. [3] The company was formerly a subsidiary of Dean Foods, and was spun off in an initial public offering announced in August 2012. [4] [5] Dean Foods had acquired WhiteWave in May 2002. [6] [7]
Organic dairy producer WhiteWave Foods is poised to rocket into orbit following its $600 million acquisition of Earthbound Farm, an organic salad and packaged fruits and vegetables purveyor. Like ...
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The first product was introduced in March 1996 by WhiteWave, Inc. at the Natural Foods Expo in Anaheim, California. In the years that followed, Silk became a successful, worldwide, organic food brand. In 2002 WhiteWave, Inc was sold to Dean Foods for over $300 million. [2] The company's sales grew to $350 million in annual revenues by 2005.
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In 2013, WhiteWave Foods (owner of the Horizon brand) became an independent company from Dean Foods. [16] In April 2017, almost a year after an agreement between the parties was announced, [17] the French company Danone completed the purchase of WhiteWave for $10.4 billion, creating a new unit called DanoneWave. [18]