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Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Sat., Aug. 15, 1:21 AM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #71. Lifeway Foods, Inc. Golden Guernsey Dairy Plant

Acquirer: Lifeway Foods, Inc. (NASDAQ:LWAY)
Acquiree: Golden Guernsey Dairy Plant
Details: Lifeway Foods, Inc., (Nasdaq: LWAY), a leading supplier of kefir cultured dairy products, today announced the $7.4 million acquisition of the Golden Guernsey dairy plant in Waukesha, WI, to provide additional manufacturing capacity for its growing kefir-based business. Adding the 170,000-square-foot plant to Lifeway's existing 50,000-square-foot facility in Morton Grove, IL, will more than quadruple the company's production capacity and provide much-needed expansion abilities.

Lifeway Foods is a producer and marketer of kefir in the U.S. and is engaged in the market spaces of probiotic-based products and natural, better for you foods. Co.'s product categories are: drinkable kefir, which is sold in a variety of organic and non-organic sizes, flavors, and types; european-style soft cheeses; cream and other, which consists primarily of cream, a byproduct of making its kefir; ProBugs, which is a line of kefir products designed for children; other dairy, which includes Cupped Kefir and Icelandic Skyr, a line of strained kefir and yogurt products in resealable cups; and frozen kefir, which is available in both soft serve and pint-size containers.

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Company Name: 
Lifeway Foods, Inc.
Stock buyback: 
LWAY buyback
Website: 
www.lifewayfoods.com
Sector: 
Food & Beverage
Number of ETFs Holding LWAY: 
4
Total Market Value Held by ETFs: 
$547882
Total Market Capitalization: 
$52.00M
% of Market Cap. Held by ETFs: 
1.05%
 

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