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In September 2014, WhiteWave announced they were taking over vegan dessert and beverage company, So Delicious. [9] [10] [11] WhiteWave announced on October 31, 2014, that the So Delicious takeover was complete. [12] On July 7, 2016, French food and beverage manufacturer Danone announced a $12.5 billion deal to acquire WhiteWave. [2]
In 2013, Earthbound Farm was acquired by WhiteWave Foods, owner of Horizon Organic milk, for $600 million. [8] In July 2016, it was announced that the French company Danone would purchase WhiteWave Foods for $10.4 billion. [9] The acquisition was completed in April 2017, and the newly formed company was named "DanoneWave". [10]
In July 2013, Dean Foods sold their remaining 19.9% stake in WhiteWave, thus ending their involvement with Alpro. [19] In July 2016, it was announced that the French company Danone would purchase WhiteWave Foods for $10.4 billion. [20] The acquisition was completed in April 2017 and newly formed company is named "DanoneWave". [21]
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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.
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]
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 WhiteWave Foods Company Announces Sustainability and Community Results As an Independent Company WhiteWave Remains Steadfast in its Commitment to Improve Communities Where it Operates ...