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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]
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.
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]
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 ...
The WhiteWave Foods Company Announces Pricing of Initial Public Offering BROOMFIELD, Colo.--(BUSINESS WIRE)-- The WhiteWave Foods Company ("WhiteWave") (NYS: WWAV) , a consumer packaged food and ...
Vega is a brand of plant based nutritional products. The company was started in Burnaby by Charles Chang and Brendan Brazier in 2004. [1] In 2015, Vega was sold to Denver-based giant Whitewave Foods for US $550 million.
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 ...