Lifeway Foods Acquires Assets of First Juice

Lifeway Foods LWAY today announced the acquisition of assets of New Jersey-based Fruit Juice, Inc., creator of the first organic fruit and vegetable juice beverages designed for children. Lifeway's acquisition of First Juice assets is expected to close October 4, 2010. The purchase price for the assets of the company was $220,000. Julie Smolyansky had previously served as a board member of First Juice, Inc. since 2006.