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.
As a result of
growing market demand and expanded operations, the company generates approximately $1.5 billion in
revenues per year with a double-digit compound annual growth rate (CAGR) over the past five years.
The blending and finishing facility is strategically positioned with nearby access to railroads and interstates for efficient truck and rail delivery across the United States. Construction is set to begin immediately.
In the dairy industry, inclusions commonly add color, taste, and texture to premium ice cream — think chunks of cookie dough, swirls of caramel, and slivers of nuts and cherries — and yogurt with its now popular “sidecar” packaging.
More than 16K attend pivotal tradeshow at Chicago’s McCormick Place.
September 17, 2024
IFT FIRST: Annual Event and Expo was held July 14-17 at McCormick Place in Chicago. Focusing on Food Improved by Research, Science, and Technology, the theme for this year’s event was “Collaboration + Innovation: How Can Food Science and Technology Transform the Food System?”