Lifeway Foods moves to acquire GlenOaks Farms

MORTON GROVE - Lifeway Foods Inc., a leading U.S. supplier of kefir probiotic products, Tuesday announced its intent to acquire certain assets of privately held, California-based GlenOaks Farms Inc., maker of a drinkable yogurt brand founded in 1984.

Terms of the agreement were not disclosed.

GlenOaks drinkable yogurt contains 3.5 billion probiotic cultures per serving and have been enjoyed by health-conscious customers for generations, Lifeway said.

"We are very excited to welcome GlenOaks Farms into the Lifeway family, as it will further solidify our strong position in California and the Western U.S.," commented Julie Smolyansky, Lifeway's president and chief executive officer.

Laguna Beach, California-based GlenOaks' product offerings includes six flavors of its drinkable yogurt made with fruit puree and fresh California dairy.