The updated bid marks Danone’s continued interest in expanding its footprint in the health-focused fermented foods sector, which includes Lifeway’s popular kefir products.
Danone Increases Lifeway Acquisition Offer : Legal and Corporate Representation
The securities filing disclosed that key figures involved from Danone include Shane Grant, Christine Flamand (General Counsel, Danone SA), Samantha Loh (General Counsel, M&A, Danone SA), and Nancy Dowling (General Secretary, Danone North America). Danone is being advised by Joshua R. Cammaker, a corporate partner at Wachtell, Lipton, Rosen & Katz.
Information regarding Lifeway’s legal counsel was not immediately available, and the company did not respond to requests for comment as of Friday.
This acquisition attempt highlights Danone’s strategic interest in Lifeway’s product portfolio as part of its broader goal to enhance its offerings in the rapidly growing health and wellness market.
