Acquisition ProposalLifeway’s largest shareholder with 23% shares o/s – French dairy powerhouse Danone S.A. – proposed an all-cash acquisition at $25/sh, a modest 16% premium to yesterday’s market close.
Market ExpansionThe company is expanding its SKUs into the high-growth RTD market with new on-trend flavors which we believe will introduce the brand to new customers.
Product DemandLifeway's flagship kefir product saw revenue growth of 14% in Q4’24 and 20% in FY24, demonstrating the brand's strength and consumer interest in functional foods like probiotics.