We are apologize for the inconvenience but you need to download
more modern browser in order to be able to browse our page

Download Safari
Download Safari
Download Chrome
Download Chrome
Download Firefox
Download Firefox
Download IE 10+
Download IE 10+

WhiteWave Foods

Whitewave reached $3.14 billion in turnover for 2014

“WhiteWave owns Silk, So Delicious, Earthbound Farm and Alpro and recorded US$3.4 billion in 2014 revenue”

Vancouver Sun, 2015


Plant based milks account for 7.5% of us retail milk sales

“ While the meteoric growth of plant-based beverages such as almond milk is well-documented, WhiteWave Foods has identified $2.7bn worth of business in other plant-based categories in the US retail market, including yogurt, creamers, and frozen desserts, which it says are currently underdeveloped… WhiteWave Foods CEO Gregg Engles said plant-based beverages now accounted for an astonishing 7.5% of dollar sales in the US retail ‘milk’ market, while plant-based products only accounted for 1.8% of the creamers market, 0.6% of the ice cream market, and 0.7% of the yogurt market… As for plant-based beverages, he said: “Over the past five years the plant-based category has seen steady increases in household penetration [31% in 2015 vs 18% in 2010], but many opportunities still exist to expand the category, including converting milk households to new innovations like Silk cashew milk”

Food Navigator USA, 2015

Quarterly sales up 36% to $838 million

“WhiteWave Foods – which sells plant-based products under the Silk brand in the US and the Alpro and Provamel brands in Europe – also makes products under the Horizon Organic, TruMoo, Land O Lakes and Earthbound Farm brands. Net sales
for the quarter ended June 30 were up
36% to $838m. Operating income rose 53% to $88m… WhiteWave Foods to buy SO Delicious Dairy Free in $195m deal to expand its plant-based foods empire… Best known for its non-GMO Project verified plant-based beverages, creamers, cultured products and frozen desserts, Oregon-based So Delicious generated net sales of $115m in the year ended June 30, 2014… SO Delicious is also recognized as the #1 plant-based frozen dessert brand in the United States… [The deal] builds on our platform of Silk and Alpro branded products by expanding plant-based capabilities and providing new category opportunities… SO Delicious Dairy Free has notched up a compound annual growth rate of 30%+ over the past five years, and the brand is now worth close to $200m at retail”

Food Navigator USA, 2014

Whitewave aquire vega for $550 million

“WhiteWave Foods Co…. agreed to buy nutrition food company Vega for about $550 million in cash… Vancouver-based Vega, founded in 2004, sells plant-based powdered shakes and snack bars. It had sales of about $100 million in the past 12 months”

Bloomberg, 2015

Silk soy milk sales up 45% in last quarter

“Even as the average American drinks less dairy, thirst for plant-based alternatives
such as almond milk is growing. Silk, the best-selling brand in the US… posted a 45% increase in sales last quarter… The latest data from Nielsen show a very similar gain in dollar sales of all almond milks in the US, which increased more than 46% in the 12 months ended July 26. Almond milk is now an almost $738 million business, and the nutty drink has replaced soy as America’s preferred plant-based milk. Soymilk sales were only $341.1 million for that period, and have been declining for years”

Bloomberg, 2014

Whitewave owned Alpro invest £28 million in new product lines

“Alpro the US food and drink manufacturer has invested £28 Million and brought 50 new jobs to new product lines in Northamptonshire. New products are bringing in about 30% more turnover and demand for soya foods was also increasing, the firm, already employing 100 people, said”

BBC, 2015

Danone (bn) to acquire Whitewave Foods (wwav)for over $12 billion

“Danone SA, the French dairy giant whose yogurt brands are a common sight on supermarket shelves around the world, announced Thursday it is acquiring WhiteWave Foods Co., the Denver, Colorado, producer of organic foods and plant-based milks. The all-cash deal values the U.S. company at $56.25 per share, for a total enterprise value of about $12.5 billion.
The deal “doubles the size of Danone’s U.S. business” and will create “synergies of #300 million by 2020,” the French company said in a statement. The price offered for shares of WhiteWave Foods is a 24 percent premium to the company’s 30-day average closing price”

International Business Times, 2016