Australia: Bega to close Strathmerton operations
Bega, the Australian dairy firm, has announced plans to consolidate its Strathmerton cheese processing and packaging operations into its existing site at its Ridge Street facility in Bega. As a result of the changes, Bega expects A$30 million ($19.4 million) in annual savings from consolidation. It will also invest A$50 million ($32.4 million) in the Ridge […]
Australia: Bega to shutter Betta Milk, Pyengana Dairy site
Bega, the Australian dairy firm, has announced it plans to close its plant in Burnie, Tasmania, traditionally a manufacturing site for the Betta Milk and Pyengana Dairy brands, and transfer production to another factory in Hobart. Bega acquired the Burnie facility last year when it bought Betta Milk and Meander Valley Dairy, as well as […]
Australia: Bega to acquire Lion Dairy & Drinks
Cheese firm Bega has entered into an agreement to acquire Australian company Lion Dairy & Drinks for AUD 560 million (USD 412 million). The news follows the announcement that the previously-announced sale of the business unit to Mengniu would not proceed. Lion Dairy & Drinks’ core business is the manufacture, marketing, sales, and distribution of […]
Australia: Bega to move into peanut butter with Kraft Heinz factory acquisition
Bega, the Australian dairy firm, is moving into the nut butter category with its acquisition of a Kraft Heinz facility in Victoria. According to the firm, the packaging will be “slightly ‘refreshed’” to feature the Bega logo. “Despite the label change, Bega assures Australians that the Peanut Butter they love is exactly the same… the […]