May 17, 2002

Dean Foods buys rest of White Wave

BOULDER ? Dean Foods Co., a Dallas-based food and beverage company, has signed a definitive agreement to acquire the 64 percent equity interest in White Wave Inc. that it does not currently own.

White Wave, based in Boulder, is a manufacturer of soyfoods and makes Silk, the country’s leading refrigerated soymilk. White Wave had sales of $125 million for the 12 months ending March 31.

The remaining interest in White Wave will cost Dean Foods $189 million. Dean Foods had already paid $36 million for a 36 percent stake in White Wave.

Production and management will remain in Boulder, and White Wave’s…

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