Danone North America
American food and beverage company
From Wikipedia, the free encyclopedia
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 Foods
(1977–2017) - DanoneWave (2017–2018)
 | |
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | Food |
| Founded | 1977 in Boulder, Colorado |
| Founder | Steve Demos |
| Fate | As WhiteWave Foods: Acquired by Dean Foods in 2002, then in 2016 by Danone |
| Headquarters | , U.S. |
Area served | North America and Europe |
| Brands | |
Number of employees | 3,800 |
| Parent |
|
| Subsidiaries | |
| Website | danonenorthamerica.com |
WhiteWave was purchased by French conglomerate Danone in 2017[1] for $12.5 billion, and was then renamed to "DanoneWave".[2]
History
The company was established as "WhiteWave Foods" in 1977 by Steve Demos in Boulder, Colorado, to expand soy into the market.[3]
The company was formerly a subsidiary of Dean Foods, and was spun off in an initial public offering announced in August 2012.[4][5] Dean Foods had acquired WhiteWave in May 2002.[6][7]
WhiteWave acquired Earthbound Farm, America's largest grower of organic produce, on January 2, 2014, for about $600 million.[8]
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] 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 nut milk and yogurt, 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.[4]
