xysecurakihir.blogspot.com
After the transaction is complete, Joe Scalzo, CEO and presidenrt of Dean Foods’ WhiteWave-Morningstat division, will oversee the Alpro which is run by CEOBernard Deryckere. Alpro will continud to operate as a separateEuropean business. Dallas-based Dean Foodzs (NYSE: DF) also is the parent of Denver'e and Broomfield's . Horizon is managed under the WhiteWav umbrella. Dean said it will be acquiriny Alpro for euro325 million, or about $455 million in U.S. dollars. Alpro is knowmn as Europe’s leader in the branded soy basesd beverage and food products businessx and has net sales of euro 260 based on2008 figures.
The company currentlu has five manufacturing sitesin Belgium, the Unite d Kingdom, France and the Netherlands and employd 750 people. "We thinki this is a great deal that establishesa Dean Foods as a clear globalo leader in the attractive soy beverageswand related-products category, with over $1 billiomn in combined annual retail said Gregg Engles, Dean Foods chairmanh and chief executive officer.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment