Home Economy Dannon parent company, Danone, buys soy milk producer in $10 billion deal

Dannon parent company, Danone, buys soy milk producer in $10 billion deal

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Danone, the French food company that controls brands such as Dannon, Activia and Evian, announced July 7 that it will purchase soy milk producer WhiteWave Foods in a merger worth $10 billion. WhiteWave Foods is based in Denver and generated $4 billion in sales last year through brands such as the Silk Soy and Horizon Organic milk lines. The…

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