Danone, the France-based dairy and drinks multinational, has announced that it has agreed to buy US natural and health foods manufacturer White Wave Foods in a deal worth approximately $12.5 billion, including debt and certain other liabilities. White Wave Foods, which generated $4 billion in sales in 2015, has a large portfolio of brands across North America & Europe, with areas of focus including premium organic dairy, non-dairy yoghurt, fresh …
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WhiteWave Foods
WhiteWave Foods Company is reportedly in talks to buy meat substitute manufacturer Quorn, according to an article in The Journal. WhiteWave Foods, which owns brands such as dairy free milk alternative Alpro and meat substitutes Silk and So Delicious, is reported to be having preliminary discussions with the Teeside-based firm. Originally launched by Marlow Foods, Quorn Foods was purchased by Premier Foods before being sold to Exponent Private Equity in …
WhiteWave Foods has launched Yulu, an new yogurt brand claimed to be similar in style to Australian-style products. Said to be positioned as an alternative to Greek and Greek-style yoghurt, White Wave Yulu is described as an “Aussie-Style Yoghurt”. Featuring a double-blending process called“Double Smoothe”, claimed to create an extra creamy texture, it is also said to contain nine grams of protein per pot. Commenting on the launch, Blaine McPeak, …
The WhiteWave Foods Company has announced an agreement to acquire So Delicious Dairy Free for approximately $195 million in cash. So Delicious Dairy Free produces plant-based beverages, creamers, cultured products and frozen desserts under the So Delicious Dairy Free brand. “The acquisition of So Delicious represents a great addition to the WhiteWave portfolio and fits squarely within our strategy of driving growth in our core businesses,” said Gregg Engles, Chairman …
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