Intellectual Property As of January 31, 2014, 10 U.S. and 5 international patents have been issued to the company, and 6 U.S. and 15 international patent applications are pending or published. As of January 31, 2014, the company owned 420 trademark applications and registrations worldwide, consisting of 105 properties in the United States and 315 internationally. The company also owns and maintains approximately 250 domain names worldwide. The company licenses the right to utilize certain brand names from third parties, including LAND O LAKES, Almond Joy, Cold Stone Creamery, Cinnabon, Dunkin Donuts, Green Mountain Coffee, Hershey’s, and YORK, on certain of products. In addition, the company has a license agreement with DSM Nutritional Products, to use products covered by patents for supplementing certain of its premium dairy and soy products with DHA Omega-3. Seasonality Demand for the company’s products is evenly distributed throughout the year. Government Regulation Food-Related Regulations: As a manufacturer and distributor of food and beverage products, the company is subject to various food-related regulations, including the Federal Food, Drug and Cosmetic Act and regulations promulgated thereunder by the U.S. Food and Drug Administration. This comprehensive regulatory framework governs the manufacture (including composition and ingredients), labeling, packaging, and safety of food in the United States. Additionally, in Europe, it is subject to the laws and regulatory authorities of the foreign jurisdictions in which the company manufactures and sells its products, including the European Food Safety Authority, which supports the European Commission, as well as country, province, state, and local regulations. Employee Safety Regulations: The company is subject to certain safety regulations, including regulations issued pursuant to the U.S. Occupational Safety and Health Act. Organic Regulations: The company’s organic products are required to meet the standards set forth in the Organic Foods Production Act of 1990 and the regulations adopted thereunder by the National Organic Program, based on recommendations from the National Organic Standards Board, as well as similar agencies and laws in the European Union and the European countries in which it sells these products. Significant Events In January 2014, the company had entered into a joint venture agreement with China Mengniu Dairy Company Limited (Mengniu) to manufacture, market, and sell a range of nutritious products in China. Competition The company competes with Group Danone; General Mills, Inc.; Kraft Foods Group, Inc.; Nestle S.A.; The Hain Celestial Group, Inc.; Annie’s Inc.; Organic Valley; Dole Food company; Ready Pac; and Taylor Farms.
whitewave foods co (WIW:Frankfurt)
1225 Seventeenth Street
Denver, CO 80202
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