Dean Foods Becomes Global Leader In Soy Beverages With Alpro Buy

US dairy giant Dean Foods has announced the acquisition of leading European soy foods business Alpro from Belgium-based Vandemoortele for EUR325mn. The move significantly enhances Dean Foods' portfolio and the firm can now claim to be the clear global leader in the soy beverages category. The sector has enjoyed buoyant growth in recent years thanks to heightened interest from health conscious consumers. However, it can be argued that the category has not yet moved out of first gear in the European market and that the backing of such a major firm could kick-start a period of rapid

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