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Article: Dean Foods Announces Alliance With White Wave Soyfoods; Becomes Minority Shareholder in White Wave, Inc.
- Article from:
- Business Wire
- Article date:
- August 23, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...