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Lifeway Foods

#7286

Rank

$378.86M

Marketcap

US United States

Country

Lifeway Foods
Leadership team

Ms. Julie Smolyansky (CEO, Pres, Sec. & Chairperson of the Board)

Mr. Eric A. Hanson (CFO, Chief Accounting Officer & Treasurer)

Ms. Amy M. Feldman (Sr. Exec. VP of Sales)

Products/ Services
Food and Beverage, Health Care
Number of Employees
100 - 500
Headquarters
Morton Grove, Illinois, United States
Established
1986
Company Registration
SEC CIK number: 0000814586
Net Income
500K - 2M
Revenue
100M - 500M
Traded as
LWAY
Social Media
Overview
Location
Summary
Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, and BioKefir. The company also offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; cupped kefir and Icelandic Skyr, a line of strained kefir and yogurt products; and frozen kefir in soft serve and pint-size containers. It sells its products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers primarily through direct sales force, brokers, and distributors. The company was founded in 1986 and is based in Morton Grove, Illinois.
History

Lifeway Foods was founded by Michael Smolyansky, a Ukrainian Jewish immigrant who arrived in the United States from Kyiv, Ukraine, USSR, in 1976.

During a trip to West Germany, Michael and his wife, Ludmila Smolyansky, realized the kefir sold at a tradeshow was not sold in the United States and decided to start producing it. The company opened its first plant in Skokie, Illinois and continuously grew its operations, eventually turning public. After Michael's death in 2002, his daughter, Julie Smolyansky, took on the role of CEO.

Mission
To produce the finest-quality natural and organic foods made from the best ingredients
Vision
Our vision is to be the leading provider of quality probiotic-rich dairy products to our customers worldwide
Key Team

Ms. Julie Smolyansky (CEO, Pres, Sec. & Chairperson of the Board)

Mr. Eric A. Hanson (CFO, Chief Accounting Officer & Treasurer)

Ms. Amy M. Feldman (Sr. Exec. VP of Sales)

Recognition and Awards
Lifeway Foods has received awards for its kefir product line, including “Best of Supplements Award” from Nutrition Business Journal in 2011 and 2012, “The Polliwog Award” from Colorado Health Food Association in 2014, and “The International Bio-Foods Award” from Health Food Executive in 2017.
References

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Lifeway Foods
Leadership team

Ms. Julie Smolyansky (CEO, Pres, Sec. & Chairperson of the Board)

Mr. Eric A. Hanson (CFO, Chief Accounting Officer & Treasurer)

Ms. Amy M. Feldman (Sr. Exec. VP of Sales)

Products/ Services
Food and Beverage, Health Care
Number of Employees
100 - 500
Headquarters
Morton Grove, Illinois, United States
Established
1986
Company Registration
SEC CIK number: 0000814586
Net Income
500K - 2M
Revenue
100M - 500M
Traded as
LWAY
Social Media