Industry Packaged food Number of employees 3,800 Area served North America | Website whitewave.com Founded 1977 | |
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Traded as NYSE: WWAV
S&P 400 Component Stock price WWAV (NYSE) US$ 56.15 +0.50 (+0.90%)31 Mar, 4:00 PM GMT-4 - Disclaimer Headquarters Denver, Colorado, United States CEO Gregg L. Engles (31 Oct 2012–) Subsidiaries Earthbound Farm, American Farms, LLC | ||
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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.
Contents
Whitewave foods
History
The company was formerly a subsidiary of Dean Foods, and was spun off in an IPO announced in August 2012.
WhiteWave acquired Earthbound Farms, America's largest grower of organic produce, on Jan. 2, 2014, for approximately $600 million.
In September 2014 WhiteWave announced they were taking over vegan dessert and beverage company, So Delicious. Whitewave announced in 31 October 2014 the So Delicious take over was complete.
On July 7, 2016, French food and beverage manufacturer Danone announced a $12.5 billion deal to acquire WhiteWave. 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 that the takeover bid be accepted.
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.