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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]
Shares in Danone rose on Friday as investors welcomed the French food group's deal to sell its loss-making U.S. organic salad business Earthbound Farm. Financial terms were not disclosed for the ...
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 ...
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.
That meant selling off a subsidiary, Morningstar Farms, and spinning off another, WhiteWave Foods . Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
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]