Stonyfield Farm

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Stonyfield Farm, Inc.
Founded 1983
Founder Samuel Kaymen, Louise Kaymen
Headquarters Londonderry, New Hampshire, United States
Products Yogurt, ice cream, milk, dairy products
Website www.stonyfield.com
Stonyfield Farm

Stonyfield Farm, also simply called Stonyfield, is an organic yogurt maker located in Londonderry, New Hampshire, USA. Stonyfield Farm was founded by Samuel Kaymen in 1983, on a 19th-century farmstead in Wilton, New Hampshire, as an organic farming school. The company makes one of the best-selling brands of yogurt in the United States.[1] It owns brands including YoBaby, YoToddler, YoKids and Oikos.

In 2001, Groupe Danone, a French food product company whose brands include Evian bottled water and Danone/Dannon yogurt, purchased an initial 40% of Stonyfield shares. This was followed in late 2003 with an additional purchase such that Group Danone now owns about 85% of Stonyfield shares.[2]

Gary Hirshberg is chairman and former president and CEO of Stonyfield Farm.

Through its Profits for the Planet program, Stonyfield gives 10% of profits to environmental causes. Its milk comes from New England and Midwest dairy farmers through the CROPP (Organic Valley) cooperative.

In 2003, Stonyfield Farm acquired Brown Cow.[3]

In 2006, Stonyfield entered the French market with its Les 2 Vaches (The Two Cows) brand. It also expanded to Canada, with yogurt produced in Quebec.[4] In June 2007, Stonyfield Farm launched its first brand in the UK, Stony, Yogurt on a Mission, though the line has since been discontinued. An organic yogurt brand named Glenisk, however, was successfully launched in Ireland.

On March 31, 2017, Groupe Danone announced that it would be selling its Stonyfield subsidiary to avoid anti-trust claims and to clear the way for the acquisition of U.S. organic food producer WhiteWave Foods.[5]

References[edit]

  1. ^ Gunter, Marc (2008-01-04). "Stonyfield stirs up the yogurt market". Fortune. Retrieved 2008-06-17. Stonyfield generated about $300 million in revenues last year. Its yogurt is the No. 3 brand in the United States, behind Yoplait and Stonyfield's sister brand Dannon. 
  2. ^ Stonyfield Farm & Groupe Danone Partnership Summary
  3. ^ Brown Cow's Tale
  4. ^ Stonyfield Farm - Canada - Company Profile
  5. ^ Reuters (March 31, 2017). "Danone to sell Stonyfield unit as part of WhiteWave deal". CNBC. Retrieved April 27, 2017. 

External links[edit]