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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]
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.
Source: WhiteWave Consumers are increasingly demanding better-tasting, premium, and nutritious food products, and this has led to many food and beverage companies riding on this better-food wave ...
Investors in WhiteWave Foods have seen fantastic results since the company spun off from parent Dean Foods, with the former up nearly 30% in slightly more than a year. WhiteWave is exactly in the ...
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]
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Whitewave Foods was founded in Boulder, Colorado, in 1977 by Steve Demos, initially focusing on soy and tofu products. [1] 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.