Danone bids to take full control of US kefir maker Lifeway Foods

Published on 23 Sep 2024 on Just Food · via Yahoo Finance

Danone bids to take full control of US kefir maker Lifeway Foods

Danone is attempting to acquire Lifeway Foods, the US-based kefir maker in which the French giant holds a minority stake.

The Alpro and Activia brands owner is a long-time shareholder in Lifeway, currently holding a 23.4% stake in the business, but it has now made an official bid to take full control.

The bid was confirmed in a filing to the US regulator, the Securities and Exchange Commission (SEC) from Lifeway yesterday (23 September).

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Danone bids to take full control of US kefir maker Lifeway Foods

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