Utz Quality Foods, Inc. of Hanover, PA, and Golden Enterprises, Inc. entered into a definitive merger agreement on July 18 for Utz to acquire the company.
Chief Executive Muhtar Kent and President James Quincey praised Steinike as the consummate Coca-Cola leader and ambassador and as a thought leader in information technology.
Together, WhiteWave and Danone are expected to create a unique global company committed to addressing tomorrows consumer trends by providing healthy and sustainable eating and drinking options.
If Hershey Co. considers any new acquisition offer in the coming weeks it could face opposition from some in its namesake town of Hershey, Pennsylvania.