Danone Stirring Things Up in the Dairy Industry
Danone’s $10 billion acquisition of soy milk producer WhiteWave Foods became final this week. Under its new name, DanoneWave, it becomes the country’s largest dairy entity, outside of cheese, and the largest public-benefit corporation in the U.S.
The company will have more than $6 billion in revenue and 6,000 employees, according to the company press release, and will split its headquarters between White Plains and Broomfield, Colorado. The company’s leadership said that as a public-benefit corporation, DanoneWave must be “managed in a way that balances shareholders’ financial interests and the benefits it brings to people, the planet and broader society.’’
Danone’s President, USA Yogurt, Sergio Fuster may be able to shed some light on these recent developments as well as Danone’s recent move to Bloomingdale Road when he speaks at the People’s United Bank Leadership Conversation Series next Tuesday. Fuster will be the guest speaker at the BCW’s highly informative and insightful speaking series.
Danone recently announced that the company is planning to move its offices and accessory food laboratory from its current location to a former retail space at 100 Bloomingdale Road in downtown White Plains.
“We are so fortunate to have this very sought-after speaker at a time when Danone is very much in the news and on the verge of exciting new development both here in White Plains and worldwide,’’ said Marsha Gordon, President and CEO of the Business Council of Westchester. “It promises to be a very stimulating evening.’’
For more information about the program being held on Tuesday from 4:30-6:30 p.m. at the Castle Hotel and Spa in Tarrytown, visit thebcw.org.
More News
New York State is making more than $62 million available to help communities expand access to safe, affordable and accessible housing across the state. The new funding opportunity, administered through New York State Homes and Community Renewal, will support local governments and nonprofit organizations working to improve existing homes, assist first-time homebuyers, help older adults […]
The BCW applauds Mayor Mike Spano’s announcement of the creation of “Reimagine Central Avenue,” a long-term planning initiative focused on transforming Central Park Avenue to better meet the changing needs of residents, businesses and visitors. Mayor Mike Spano announced the initiative on Aug. 17, outlining a community-driven process that will combine public input with the […]
A Westchester startup is putting cutting-edge fitness technology into the hands of student-athletes at Manhattanville University, thanks to a strategic match by the BCW’s Westchester Innovation Network (WIN). WIN connected ZeroWheel, a high-tech core-training device developed by a team of entrepreneurs headquartered in Armonk, with Manhattanville’s athletic department. The collaboration gave the university’s athletes access […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!
Leave a Comment
You must be logged in to post a comment.