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5 Stocks To Watch Following WhiteWave Foods' $12.5 Billion Acquisition

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5 Stocks To Watch Following WhiteWave Foods' $12.5 Billion Acquisition

France-based Danone announced on Thursday it will acquire WhiteWave Foods Co (NYSE: WWAV) for $56.25 per share in a deal that values the U.S. organic food producer at $12.5 billion including debt.

Danone, best known for its Activia and Actimel yogurt brands, paid a premium of 24 percent over WhiteWave's 30-day average closing trading price. The deal will also double the size of its U.S. business and add health food offerings such as Silk almond milk and Earthbound Farm Organic Salad to its portfolio.

Here is a look at five other food stocks investors should closely follow following Danone's acquisition.

  • TreeHouse Foods Inc. (NYSE: THS) manufacturers a wide range of shelf-stable, refrigerated and fresh products. Its product line includes beverages, salad dressings, snacks, beverage enhancers, pickles, soups, sauces, infant feeding products, among many others.
  • Hain Celestial Group Inc (NASDAQ: HAIN) is a manufacturer and seller of many organic and natural products under various brand names in addition to a personal care product line.
  • Dean Foods Co (NYSE: DF) is a large seller of fluid milk and other dairy case products, including ice cream, creamers and juices.
  • B&G Foods, Inc. (NYSE: BGS) is a manufacturer and seller of shelf-stable and frozen food products, including frozen and canned vegetables, cereals, canned meats, beans, and more.
  • Post Holdings Inc (NYSE: POST) is a consumer packaged goods holding company best known for its ready-to-eat cereals and MOM Brands. The company's organic division is known for its nut butters, trail mixes and dried fruits.

Posted-In: Actimel Activia Danone Danone WhiteWave Foods AcquisitionLong Ideas M&A News Trading Ideas Best of Benzinga

 

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