Bloomberg Businessweek ICYMI: Drama in the Dairy Industry
May 16, 2025
Julie Smolyansky, Chairperson and CEO of Lifeway Foods, dives into a contentious legal battle with dairy giant Danone, asserting their acquisition attempt is hostile. She argues their rejection of Danone's $27-per-share proposal protects shareholder interests despite claims of lower valuation. The discussion touches on the booming demand for fermented dairy and its health benefits, Lifeway's impressive financial growth amid inflation, and the industry's shift back to traditional dairy products. Smolyansky also highlights the company's commitment to innovation and sustainability.
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David vs Goliath Takeover Fight
- Julie Smolyansky described the company's fight against a hostile takeover as a David and Goliath story.
- She emphasized that Danone's offer undervalues Lifeway and that they are fighting for all shareholders.
Farmer Cheese Rising Star
- Farmer cheese is emerging as a very popular product alongside kefir.
- Lifeway is the leading manufacturer of both kefir and farmer cheese, expanding their legacy product.
Fermented Dairy’s Unique Health Edge
- Fermented dairy like kefir offers unique health benefits beyond regular milk.
- Kefir's 2,000-year history and probiotic properties make it a product with authentic medicinal value.