Danone acquisition record with US giant WhiteWave Foods

French food group Danone announced the purchase of The WhiteWave, US companies, specializing in the production of bio-based products and vegetable milk. The transaction values in the $ 12.5 billion the American company, which has in its portfolio brands such as Silk, So Delicious, Alpro and Vega.
The agreement provides that the Us Group shareholders will receive $ 56.25 for each share their cash. It is a premium of 19% over the closing price on Wednesday. Danone thus doubling its size in the United States, increasing its presence from 12% now to 22%.

In addition, the acquisition is expected to result in synergies with an impact on operating profits of approximately 300 million by 2020 in addition to result in an increase in profits of more than 10% in the first year following the closing.

The completion of the transaction, unanimously approved by the boards of both companies, is expected within the year.