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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 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.
In 2018, Danone rebranded its DanoneWave subsidiary, formed after the 2017 acquisition of WhiteWave Foods , into Danone North America. [5] In 2020, Danone announced that It would cut up to 2,000 jobs as part of a reorganization. This amounted to about 2% of its workforce. [42]
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 ...
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 ...
After the close of business today, Dean Foods distributed an aggregate of 47,686,000 shares of WhiteWave Class A common stock and 67,914,000 shares of WhiteWave Class B common stock as a pro rata ...
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]
Milk producer Dean Foods announced yesterday it had completed the spinoff of its organic foods division WhiteWave Foods by distributing 47.7 million shares of its Class A stock, and 67.9 million ...