Prosperity Organic Foods Takes Ownership of Miyoko’s Creamery Following Bid War
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Prosperity Organic Foods Takes Ownership of Miyoko’s Creamery Following Bid War
Vegconomist • Nov 19, 2025
Prosperity Organic Foods has acquired Miyoko's Creamery, a plant-based dairy company, following a bid war. The acquisition comes after Miyoko's Creamery faced financial instability and entered an Assignment for the Benefit of Creditors process. The CEO of Prosperity Organic Foods expressed excitement about growing the Miyoko's brand, promising to maintain its integrity and commitment to quality as they move forward.

Miyoko Schinner, the founder of Miyoko's Creamery, made a bid to reclaim her brand through a GoFundMe campaign but was unsuccessful as Prosperity Organic Foods secured the company with a higher bid. Schinner expressed disappointment and concerns about the future direction of the company under new ownership, particularly regarding potential changes to product quality. Despite her continued use of her name in the company's branding, Schinner clarified that she is no longer associated with Miyoko's Creamery and rejected an offer to be a brand ambassador for a vegan butter brand associated with the new owners. She is now focused on new ventures, including vegan-focused international tours and plans for a new food company that reflects her values.
*This summary was generated using AI.
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