WhiteWave Foods

WhiteWave Foods
Traded as NYSE: WWAV
Industry Packaged food
Founded Boulder, Colorado (1977)
Headquarters Broomfield, Colorado, US
Area served
North America and Europe
Number of employees
3,800
Subsidiaries
Website whitewave.com

The WhiteWave Foods Company (NYSE: WWAV) is an American consumer packaged food and beverage company that manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, premium dairy products and organic produce throughout North America and Europe. WhiteWave are the subject of a takeover by Danone.

History

The company was formerly a subsidiary of Dean Foods, and was spun off in an IPO announced in August 2012.[1]

WhiteWave acquired Earthbound Farms, America's largest grower of organic produce, on Jan. 2, 2014, for approximately $600 million.[2]

In September 2014 WhiteWave announced they were taking over vegan dessert and beverage company, So Delicious.[3][4][5]Whitewave announced in 31 October 2014 the So Delicious take over was complete.[6]

On July 7, 2016, French food and beverage manufacturer Danone announced a $12.5 billion deal to acquire WhiteWave.[7] On 15 August WhiteWave announced a meeting has been scheduled for 4 October for stockholders to vote on the Danone takeover. The Whitewave board unanimously recommend the takeover bid is accepted.[8]

Brands

The company’s brands distributed in North America include Horizon Organic premium dairy and pantry products, Silk plant-based foods and beverages, Earthbound Farm organic produce and International Delight and Land O'Lakes coffee creamers and beverages. WhiteWave’s European brands of plant-based foods and beverages include Alpro and Provamel.[1]

References


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