Australia’s Favourite Peanut Butter* based on scan sales, at … Following the successful listing, Bega then acquired the final 30% of Tatura Milk Industries, which then became a wholly owned subsidiary of Bega Cheese Limited. Following the successful listing, Bega then acquired the final 30% of Tatura Milk Industries, which then became a wholly owned subsidiary of Bega Cheese Limited. “The completion of this sale will enable further investment behind our priority categories of core beer, craft beer and seltzer in both domestic and international markets.”. Bega Cheese has agreed to acquire Australian Lion Dairy & Drinks from Kirin Holdings for AUD 560 million ($412 million), taking ownership of brands such as Dairy Farmers and Pura.. Description. Bega Cheese has 2,000 employees across 3 locations. Bega’s original factory was opened in Bega in 1900. Shares in the company remain in a trading halt but last closed at $5.06. BEGA CHEESE SINCE 1899. The acquisition was a good fit for Bega as it broadened the company’s product range with the addition of cream cheese, milk powders, infant formula and nutraceuticals complimenting Bega’s existing range of natural and processed cheddar cheese and whey powders. The deal also adds Yoplait yoghurt, Pura Milk, Farmers Union, Dairy Farmers, Juice Brothers, Daily Juice and Dare brands to Bega Cheese’s already large product stable. Bega Cheese manufactures and exports cheese and other food products under the Bega brand name for both retail and the food service industry. “We are delighted to announce this acquisition which ... delivers important industry consolidation and value creation with synergies across the entire supply chain,” Bega Cheese executive chairman Barry Irvin said. We believe Australians will be delighted to see our name take front and center on supermarket aisles. Bega Junior. Capitol Chilled Foods (Australia) Pty Ltd Investors have been fearing the worst since Bellamy’s first … In March 2014 a life stage nutritional canning and blending plant was commissioned in Derrimut, Victoria. All times AEDT (GMT +11). BEGA CHEESE ANNOUNCES SUCCESSFUL COMPLETION OF . Australia probably won’t have made any friends in Japan either given Lion Dairy and Drinks is a subsidiary of Japan’s Kirin which was forced to leave money on the table and accept Bega’s $534 million offer. The TATURA device is a trade mark of Tatura Milk Industries Pty Ltd. Today, with sites spread from Bega to Melbourne to Northern Victoria, Bega Cheese Limited now employs approximately 2,000 people and the company has evolved from its modest and localised co-operative heritage in Bega into a significant and innovative player in the Australian and international dairy industry. Yoplait in Australia is part of the Kirin sale to Bega. The TATURA device is a trade mark of Tatura Milk Industries Pty Ltd. DAIRYMONT is a trade mark of Bega Cheese Limited or its subsidiaries. Bega’s rich history stands in pride of place across the business and the factors which have driven its success for over a century remain enmeshed in its culture, ensuring that it remains an Australian icon. “The retained Lion business has a clear strategy to become a leading global, crafted adult drinks business. Shares in the company remain in a trading halt but last closed at $5.06. Japanese brewer Kirin Holdings has reportedly entered into a deal to sell its Lion Dairy & Drinks subsidiary in Australia to local company Bega Cheese. Find out more about our policy and your choices, including how to opt-out. Learn More. For this purpose, your personal information may be disclosed to persons within Bega Cheese Limited, its subsidiaries or their service providers and suppliers only, unless otherwise permitted by law. Bega’s original site at Lagoon Street still operates today producing cheddar and mozzarella cheese and whey powders. Bega chief executive Paul van Heerwaarden and chairman Barry Irvin. To pay for the acquisition, Bega Cheese is doing a capital raising at $4.60 per share to raise around $400 million. Bega only collects personal information which is reasonably necessary for one or more of its functions or activities. We’ve combined some of Australia’s finest food brands and products into one business, all designed for the foodservice industry. BEGA, VEGEMITE, ZoOSh and associated devices, the BEGA FOODSERVICE device and the VEGEMITE trade dress are trade marks of Bega Cheese Limited. A wholly owned subsidiary of Bega Cheese Ltd an ASX listed company, TATURA is located in the picturesque township of Tatura in regional northern Victoria Australia. Bega Cheese Limited will use your personal information to register you for Happi mailing list to provide you with recipes, health tips and other information published by Happi. BEGA, the BEGA device, the SIMPLY NUTS device, CRUNCH O’METER and NEVER OILY NEVER DRY are trade marks of Bega Cheese Limited. In 1997 Bega built a cheese processing and packaging facility in Ridge Street in Bega, value adding cheese for both the Australian and International market. This site adds significantly to our bulk cheese manufacturing capability. ASX ANNOUNCEMENT . Bega Cheese Limited (BGA) Dividends. After a period of time local farmers decided to improve their individual production and marketing activities and banded together to establish The Bega Co-operative Creamery Company in 1899. Bega Junior comes in handy single serves that are ideal for little hands to hold themselves. The deal marks Lion’s complete exit from the dairy business, having sold its specialty cheese business to Saputo for $280 million last year. Bega Cheese is a leading Australian dairy and food company producing cheese, infant formula, nutritional powders, Vegemite, peanut butter and salad dressings. Bega products include: Cheeses such as Bega Tasty, Tasty Sticks, Super Slices, Stringers, Bega Junior. In July 2017, Bega Cheese Limited expanded its portfolio beyond dairy to include some of Australia’s most iconic and loved food brands and products, including Vegemite, ZoOSh and Bega Peanut Butter. Business, all designed for the acquisition, Bega Junior comes in handy single serves are. For both retail and the food service industry our bulk Cheese manufacturing capability shares in the Lion dairy but out! 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