WhiteWave Completes Earthbound Farm Acquisition
(AP) — WhiteWave Foods has closed on its approximately $600 million acquisition of organic food maker Earthbound Farm.
The deal was announced last month.
Earthbound Farm is best known for its organic packaged salads. It also produces organic fruits and vegetables, frozen fruits and vegetables, and dried fruits and snacks.
WhiteWave Foods Co. is a consumer packaged food and beverage company. Its brands include Silk, International Delight and Horizon Organic. It purchased Earthbound Farm from its existing shareholders, which are led by Kainos Capital and founders Drew and Myra Goodman.
The Denver company plans to run Earthbound Farm as a separate unit based in San Juan Bautista, Calif. No significant operational changes are expected.