Market Updates

Dean Foods Purchases European Soy Producer

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By: Sean Moloughney

Editor, Nutraceuticals World

In a deal worth approximately €325 million, Dallas, TX-based Dean Foods Company has formally completed its acquisition of the Alpro division of Vandemoortele N.V. Alpro is a European leader in branded soy-based beverage and food products with net sales of approximately €260 million in 2008 sold under the Alpro soya and Provamel brands. Alpro has five manufacturing sites in Belgium, the UK, France and the Netherlands, and employs about 750 people.

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