Oct. 20 at 4:25 PM
$LWAY Chobani raised 650M at a 20B valuation. Danone’s article in the FT mentioned failed process to acquire Lifeway.
Watch this space. Lifeway is not going away, in fact they are growing and expanding. Pricing increases, greater distribution, and expanded production capacity = increased revenue.
I would LOVE to see Chobani acquire this business. It would be an excellent match in my opinion, and build on Chobani’s daily routine and shelf expansion. Plus they could grow the business and scale it in the US better than anyone else IMO. recognize that that acquisition may be a stretch of the imagination but let’s see. Once a company prepares documents for a sale, once the bankers and lawyers have done their work, a deal is much easier to get done.
Nevertheless I remain bullish on the business and believe that this will become a billion dollar brand. Just a matter of who catalyzes it
