WhiteWave Foods to acquire So Delicious Dairy Free for $195 million
New brands to expand WhiteWave’s plant-based food and beverages platform
The WhiteWave Foods Co., Broomfield, Colo., announced that it has agreed to acquire So Delicious Dairy Free, Eugene, Ore., from its existing shareholders, led by Wasserstein & Co., for approximately $195 million in cash.
Best known for its plant-based beverages, creamers, cultured products and frozen desserts under the So Delicious Dairy Free brand, So Delicious was founded in 1987 by Mark Brawerman, who was chief executive officer of the company until 2013. So Delicious’ products are 100 percent plant-based, and its entire product offering is non-GMO verified, according to the company.