Prosperity Organic Foods, the Idaho-based maker of Melt Organic plant butter, has officially acquired Miyoko’s Creamery, closing a chapter of uncertainty for one of the most influential brands in plant-based dairy. The announcement follows weeks of speculation and arrives shortly after founder Miyoko Schinner publicly disclosed that she made her own bid to buy the company back—an effort that ultimately fell short.
According to Prosperity Organic Foods’ press release, the company intends to build on the legacy of the award-winning vegan butter and cheese line while “honor[ing] the brand roots and community of Miyoko’s Creamery, as well as its commitment to the highest standards of quality, taste, and sustainability.”
Miyoko’s Creamery
In the statement, CEO Scott Fischer said, “We are excited to have the opportunity to grow the Miyoko’s brand, as it aligns perfectly with our mission to provide consumers with delicious, sustainable, and functional plant-based food options that embody innovation and high-quality craft.”
The acquisition caps a dramatic period for Miyoko’s Creamery, which has undergone leadership changes, public litigation, and internal restructuring since Schinner’s departure two years ago. But this latest chapter came into sharper focus when Schinner used her Instagram platform this week to confirm that she mounted a buy-back effort earlier this month—and shared screenshots of a tense text exchange with a bidder whom she says simultaneously pursued the company and tried to recruit her as a 1099 contractor.
Schinner instead decided to launch her own bid, working quickly to assemble a team to explore her options in buying back her company. After becoming aware of her efforts, the bidder confronted Schinner, to which she responded, “It’s my brand, and I need to own it or be an integral part of it. Thank you for your offer, but I’m not a 1099 contractor. I am the force behind the brand.” Schinner did not reveal the identity of the bidder.
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photo illustration by Richard Bowie
What the acquisition means for the plant-based dairy market
Prosperity Organic Foods—a privately held company based in Boise—produces Melt Organic, an organic, plant-based butter line that is distributed in major retailers across the US and Canada. The company emphasizes clean-label ingredients and culinary performance, noting in its release that its flagship plant butter aims to balance flavor with functionality. Melt Organic’s plant butter was named “Best Vegan Butter” by The New York Times last year, a designation that helped expand its national visibility.
Melt Organic
In the press release, Prosperity Organic Foods said the acquisition strengthens its commitment to plant-based dairy innovation and positions it to continue developing products that push the category forward. It also reaffirmed its intention to uphold the standards for which Miyoko’s Creamery is known, including artisanal production techniques, ingredient quality, and sustainability commitments.
Montminy & Co. acted as the exclusive financial advisor for the sale process, according to the announcement.
Miyoko’s Creamery helped redefine the modern vegan dairy sector with its European-style cultured butter and cashew-based cheeses, becoming one of the most celebrated brands in the space. The company’s rapid ascent, followed by its internal challenges, has made its trajectory one of the most closely watched stories in the plant-based movement.
Now, with ownership transferred and Schinner’s own bid officially concluded, the brand enters a new phase—one defined by Prosperity Organic Foods’ growth strategy rather than a founder-led return.
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