Danone sells Earthbound Farm to Taylor Farms
On April 11, 2019 Danone announced it has signed a definitive agreement for the sale of Earthbound Farm, its US organic salads business, to California-based Taylor Farms, a family-owned salads and fresh foods company. Earthbound Farm will join the Taylor Farms Retail Group and help lead growth in the dynamic organic fresh produce category.
Earthbound Farm was founded in 1984 in California and is the largest producer of organic salads in the US. The company was previously owned by WhiteWave Foods. In 2017 Danone acquired WhiteWave, expanding its global presence in plant-based and organic food products to capitalize on consumer trends towards healthier and sustainable choices.
“Taylor Farms is pleased to announce the acquisition of Earthbound Farm from Danone, SA, effective today. We are grateful for Danone’s stewardship of Earthbound Farm during the past two years and for the opportunity to return ownership of this organic fresh produce leader to local roots and family ownership,” Taylor Farms said in a statement. “We will build on Earthbound Farm’s tradition of organic authenticity, new variety development and quality focus with expanded regional organic growing and processing capability to better serve Earthbound Farm’s customers and consumers across North America,” the statement said.