Danone North America

Danone North America is a consumer packaged food and beverage company based in White Plains, New York, U.S, that manufactures, markets, distributes, and sells branded premium dairy products, plant-based foods and beverages, coffee creamers, and organic produce throughout North America and Europe.

WhiteWave was purchased by French conglomerate Danone in 2017[1] for $12.5 billion, and was then renamed to "DanoneWave".

History

The company was established as "WhiteWave Foods" in 1977 by Steve Demos in Boulder, Colorado, to expand soy into the market.[2]

The company was formerly a subsidiary of Dean Foods, and was spun off in an initial public offering announced in August 2012.[3][4] Dean Foods had acquired WhiteWave in May 2002.[5][6]

WhiteWave acquired Earthbound Farm, America's largest grower of organic produce, on January 2, 2014, for about $600 million.[7]

In September 2014, WhiteWave announced they were taking over vegan dessert and beverage company, So Delicious.[8][9][10] WhiteWave announced on October 31, 2014, that the So Delicious takeover was complete.[11]

On July 7, 2016, French food and beverage manufacturer Danone announced a $12.5 billion deal to acquire WhiteWave.[12] On August 15, WhiteWave announced a meeting had been scheduled for October 4 for stockholders to vote on the Danone takeover. The WhiteWave board unanimously recommend that the takeover bid be accepted.[13] On March 31, 2017, Danone announced it had reached an agreement with the US Department of Justice concerning its WhiteWave transaction for $12.5 billion, wherein Danone sold its "Stonyfield dairy subsidiary in the months after the WhiteWave acquisition closes."[14] The acquisition was completed in April 2017 and newly formed company was named "DanoneWave" and in April 2018 it was renamed "Danone North America".[15][16] It now operates as a subsidiary and the US headquarters remains in Denver.[17]

Brands

The company’s brands distributed in North America include Horizon Organic dairy and pantry products, Silk plant-based foods and beverages, Left Field Farms creamer and milk, Stok cold-brew coffee, So Delicious Dairy Free ice cream, Too Good, and International Delight and Land O'Lakes coffee creamers and beverages.[18][19] WhiteWave’s European brands of plant-based foods and beverages include Alpro and Provamel.[3]

See also

• List of food companies

External links