Article: Dean Foods Announces Alliance With White Wave Soyfoods; Becomes Minority Shareholder in White Wave, Inc.

FRANKLIN PARK, Ill. and BOULDER, Colo.--(BUSINESS WIRE)--Aug. 23, 1999--

Howard M. Dean, Chairman and Chief Executive Officer of Dean Foods Company (NYSE: DF), the country's number-one dairy processor and distributor, and Steve Demos, President and Founder of White Wave, Inc., America's number-one soyfoods company, jointly announced today Dean Foods will become a minority shareholder in White Wave, Inc., a privately held company. This alliance will support White Wave's new product development and marketing initiatives to reach new audiences. White Wave has annual sales of approximately $21 million. Its product line includes the successful Silk(TM) organic soymilk ...

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