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Lifeway Kefir company history timeline

1986

Smolyansky incorporated Lifeway Foods in February 1986.

Lifeway Foods, Inc. was founded in 1986 by Michael Smolyansky.

1988

Lifeway Foods debuted on the NASDAQ exchange in early 1988.

1989

The new plant opened in 1989.

1990

In 1990, Lifeway made an acquisition, buying up the drinkable yogurt business of Johanna Farms, Inc., a New Jersey company.

1991

Sales for 1991 hit $2.4 million, an increase of more than 60 percent over the year previous.

1996

Julie Smolyansky had grown up with the company, and after completing a degree in psychology at the University of Illinois in 1996, she became Lifeway's director of sales and marketing.

1997

The company invested in a new facility in 1997, increasing its production capacity.

1999

1999: Groupe Danone buys 20 percent of the company.

2001

In 2001 the company signed an exclusive agreement with a specialty grocery distributor in Canada, Jelian Foods.

2002

But when Michael Smolyansky died suddenly of a heart attack in 2002, Julie – then just 27 years old – was thrust into running the business.

2003

The company made a major purchase in 2003, buying a new packaging system.

Up until 2003, Lifeway had held the kefir market alone in North America.

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Founded
1986
Company founded
Headquarters
Morton Grove, IL
Company headquarter
Founders
Ludmila Smolyansky,Michael Smolyansky
Company founders
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Lifeway Kefir may also be known as or be related to Lifeway Foods, Lifeway Foods Inc, Lifeway Foods Inc., Lifeway Foods, Inc. and Lifeway Kefir.