French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...
Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
Amplify Snack Brands announced it has strengthened the Company’s executive leadership team by appointing Mike DeGrace as senior vice president of sales for North American region. Mr. DeGrace joins Amplify with over 30 years of ...
Tags: Amplify Snack, packaged foods
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Greiner Packaging is supplying a handy and sustainable package for Parmentine's new ready-to-eat potato dish. Parmentine is offering the pre-washed potatoes in a K3 cup, which feature a cardboard wrap to reduce the heat from contact with ...
Tags: Greiner, Microwaveable packaging, Parmentine, Sustaninable, Potato snack
UK based Exponent Private Equity is contemplating sale of its meat-free food brand Quorn and has already held preliminary talks with an American food firm, the WhiteWave Foods Company. WhiteWave Foods Company is targeting the rapidly ...
Tags: WhiteWave Foods, Quorn, meat-free food
US-based WhiteWave Foods has acquired So Delicious Dairy Free, in a previously announced deal worth $195m. Earlier in September, WhiteWave Foods agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein ...
Tags: WhiteWave Foods, Dairy Free, Agriculture
WhiteWave Foods, a leading consumer packaged food and beverage company that makes Silk, Horizon, International Delight and Earthbound Farm products, has announced green building certification of its beverage manufacturing facility in ...
Tags: WhiteWave Foods, beverage, Agriculture
Food and beverage company WhiteWave Foods has bought Earthbound Farm in a $600m all-cash deal. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh fruits and vegetables, frozen fruits and ...
Tags: WhiteWave Foods, Organic Food
Dairy producer WhiteWave Foods has announced plans to pay about $600 million to purchase Earthbound Farm, the largest organic produce brand in the U.S. Earthbound Farm was the producer behind the 2006 spinach E. coli outbreak that ...
Food and beverage company WhiteWave Foods is set to acquire Earthbound Farm from its shareholders and owners in an all-cash deal of $600m. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh ...
Tags: WhiteWave Foods, Organic Food
The WhiteWave Foods Company (the "Company") today reported strong third quarter 2013 results. For the third quarter of 2013, the Company reported adjusted diluted earnings per share of $0.19, a 21 percent increase compared to third ...
Tags: Whitewave Foods, Beverages
US dairy company Dean Foods has reported that its net earnings for the first quarter of 2013 increased to $492.6m, compared with $37.8m for the same period in 2012. The net earnings for the quarter were driven by the company's sale of its ...
Tags: Dean, Net Earnings
American food and beverage company WhiteWave Foods is set to expand its dairy facility in Rockingham County, Virginia, US with an investment of $69.8m, a move which is expected to create 36 new jobs. The expansion involves addition of a ...
Tags: Whitewave Foods, Dairy Facility