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| Formerly |
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|---|---|
| Company type | Subsidiary |
| Industry | Food |
| Founded | 1977; 48 years ago (1977) inBoulder, Colorado |
| Founder | Steve Demos |
| Fate | As WhiteWave Foods: Acquired byDean Foods in 2002, then in 2016 byDanone |
| Headquarters | , U.S. |
Area served | North America and Europe |
| Brands | |
Number of employees | 3,800 |
| Parent |
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| Subsidiaries | |
| Website | danonenorthamerica.com |
Danone North America is a consumerpackaged food andbeverage company based in White Plains, New York, U.S, that manufactures, markets, distributes, and sells branded premiumdairy products (includingyogurt), plant-based foods and beverages,coffee creamers, andorganic produce throughout North America and Europe.
WhiteWave was purchased by French conglomerateDanone in 2017[1] for $12.5 billion, and was then renamed to "DanoneWave".[2]
The company was established as "WhiteWave Foods" in 1977 by Steve Demos inBoulder, Colorado, to expandsoy into the market.[3]
The company was formerly asubsidiary ofDean Foods, and was spun off in aninitial public offering announced in August 2012.[4][5] Dean Foods had acquired WhiteWave in May 2002.[6][7]
WhiteWave acquiredEarthbound 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 manufacturerDanone 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 theUS 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]
The company’s brands distributed in North America includeHorizon 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, andInternational Delight andLand O'Lakes coffee creamers and beverages.[18][19] WhiteWave’s European brands of plant-based foods and beverages includeAlpro andProvamel.[4]
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