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Article: Dean Foods Signs Definitive Agreement to Purchase White Wave, Maker of Silk(R) Soy Products; Dean Foods Becomes America's Largest Soymilk Manufacturer.
- Article from:
- PR Newswire
- Article date:
- May 8, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. 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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Boulder-Based White Wave Management Committed to Growing Silk Brand
Pending Litigation Between Dean Foods and White Wave to Be Dismissed Upon
Closing
DALLAS and BOULDER, Colo., May 8 /PRNewswire-FirstCall/ -- Dean Foods Company announced today that it has signed a definitive agreement to acquire the 64% equity interest in White Wave, Inc. it does not currently own. White Wave, based in Boulder, Co., is the maker of Silk(R), the leading refrigerated soymilk in the country, and had sales of approximately $125 million during the twelve months ended March 31, 2002.
"We are extremely excited about this transaction," said ...