The maker of Dannon yogurt acquires the maker of Silk almond milk and Horizon Organic.
July 7, 2016
Danone is buying WhiteWave, a manufacturer of organic foods, plant-based milks and related products for $10.4 billion. The deal doubles the size of Danone’s U.S. business.
The acquisition gives Grupo Lala a local platform for production and sales to serve the Hispanic market in the United States.
June 2, 2016
Grupo Lala said among the reasons it bought Laguna Dairy is that drinkable yogurts have been successful with major U.S. retailers and there are “firm commitments” to buy the products.