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France’s Danone to buy WhiteWave to boost U.S. business
July 7, 2016 by creative · Leave a Comment
France's Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co for $10.4 billion in its largest acquisition since 2007. The purchase will help Danone pursue affluent consumers by adding WhiteWave's popular health food offerings such as Silk almond milk, Earthbound Farm organic salad and Horizon organic milk to its lineup as it struggles in more challenging markets such as…
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France’s Danone to buy WhiteWave to boost U.S. business