On Sept. 23, Danone offered to pay some $283 million — $25 per share — to purchase the 76.6% of Lifeway Foods it didn't own. The plan was rejected.CEO Julie Smolyansky talks about the company's history and success with Dairy Foods.
The Flavor Fusions line is loaded with high-quality bioavailable nutrients, like protein, calcium, and 12 live and active probiotic cultures, the company stated.
Lifeway Foods Inc., the Illinois-based makers of kefir, saw third quarter sales jump 26% to $5.2 million from $4.1 million for the same period a year ago. Earnings increased to $.07 per share for the quarter, from $.06 per share for the same three-month period in 2004.
