Headlines

Daily Briefing (Insiders Only): Lifeway Rejects Second Danone Purchase Offer

Lifeway Foods spent little time weighing a second acquisition offer from Danone North America, and the answer is still “no.” The kefir producer officially rejected Danone’s proposal this morning, which included acquiring all remaining Lifeway shares for $27 per share – around $307 million total.

Bawi Closes $3.5M To Scale Operations

Agua fresca maker Bawi has raised a $3.5 million seed round led by a $1.5 million infusion from Brand Foundry as the Austin-based brand scales operations for a distribution push in 2025.

Taste Radio: The Keys To Building An Iconic Brand? A Bit Of ‘Luck’ & And A Long-Term Vision.

Luke Boase, the founder of Lucky Saint, a fast-growing brand of non-alcoholic beer from the U.K., talks about why the brand’s potential for an iconic future has always been top of mind. He also explains how the company incorporates consumer insights and data into its retail pitches and how he thinks about competing with beer companies owned by or aligned with large strategics.