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Slide #21. The WhiteWave Foods Company — Earthbound Farm
The WhiteWave Foods Company (WWAV)
The WhiteWave Foods Company (NYSE:WWAV) ("WhiteWave"), a leading consumer packaged food and beverage company in North America and Europe, today announced that it has agreed to acquire Earthbound Farm, one of the country's leading organic food brands, from its existing shareholders led by Kainos Capital and founders Drew & Myra Goodman, for approximately $600 million in cash.
Whitewave Foods is a consumer packaged food and beverage company. Co. manufactures, markets, distributes, and sells plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce throughout North America and Europe. Co.'s brands distributed in North America include Silk®, So Delicious® and Vega plant-based foods and beverages, International Delight® and LAND O LAKES® coffee creamers and beverages, Horizon Organic® and Wallaby Organic® dairy products and Earthbound Farm® organic salads, fruits and vegetables. Co.'s plant-based foods and beverages brands in Europe include Alpro® and Provamel®.
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Hold (2.11 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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