Lifeway Sets 'Cooperation' with Minority Investor Danone That Offers Tacit Acknowledgement of Some Complaints by Dissident Slate; Rapid Move to Refresh Board and Entice Non-Family Executive Talent

Lifeway Foods seems to have buried the hatchet with its longtime minority investor Danone, agreeing to governance changes in exchange for Paris-based CPG giant promising to stay its litigation vs kefir king and to not back a dissident slate led by alienated family members of CEO Julie Smolyansky.

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Publishing Info

  • Year: 2025
  • Volume: 22
  • Issue #: 200
  • Issue Date: 10/01/2025