Dean Foods Completes Acquisition of Alpro
Dean Foods Company announces that it has completed the previously disclosed acquisition of the Alpro division of Vandemoortele N.V. for a transaction price of approximately euro 325 million.
Alpro is a European company in branded soy-based beverage and food products with net sales of approximately euro 260 million in 2008 sold under the Alpro soya and Provamel brands. Alpro has five manufacturing sites in Belgium, the United Kingdom, France and the Netherlands, and employs approximately 750 people.
Dean's acquisition of Alpro is expected to establish Dean as a clear global leader in soy-based beverages and food products, with leading brands Silk in North America and Alpro soya and Provamel in Europe, and over $1 billion in combined retail sales.
Alpro is a European company in branded soy-based beverage and food products with net sales of approximately euro 260 million in 2008 sold under the Alpro soya and Provamel brands. Alpro has five manufacturing sites in Belgium, the United Kingdom, France and the Netherlands, and employs approximately 750 people.
Dean's acquisition of Alpro is expected to establish Dean as a clear global leader in soy-based beverages and food products, with leading brands Silk in North America and Alpro soya and Provamel in Europe, and over $1 billion in combined retail sales.