Bega Dairy & Drinks is a subsidiary of Australian diversified food company the Bega Group, having been purchased from the Japanese company Kirin in November 2020. While owned by Kirin, it was known as Lion Dairy & Drinks.
Proudly Australian
Bega Cheese is a truly Australian company, employing over 500 staff in the Bega Valley. Around 20% of overall production is exported to over 50 countries around the world.
While owned by Kirin, it was known as Lion Dairy & Drinks. It specialises in dairy food and juice, with core activities in milk, yoghurt, cream, dairy desserts, juice and speciality cheese.
The "Bega" branded Australia retail and foodservice cheese products are distributed by Fonterra under a long-term agreement. Just under a third of the Bega Group's revenue (as of 2019) was from exports.
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 9,000 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company.
In 2001, Fonterra Australia and Bega Cheese signed a 25-year exclusive trademark licensing agreement. Fonterra got to use Bega's name on natural and processed cheddar cheese, string cheese and butter products sold in Australia. In return, it paid Bega Cheese royalties based on retail sales of these products.
Bega acquired the Australian division of Kraft Foods (known as Mondelez Australia), including the assets and goodwill of the business. After the purchase, Bega ran a series of advertisements letting Australian consumers know that Kraft peanut butter is now Bega peanut butter: “Same recipe, same great taste.
The VEGEMITE brand has a history spanning over 99 years and is proudly owned by the great Australian food company – Bega Cheese Limited.
Is Dairy Farmers Australian owned? We've always been Aussie made but now we're owned by Bega Cheese Limited – making us Aussie owned too!
Fonterra is a Co-operative dairy company owned by more than 11,000 New Zealand dairy farmers. What is a Co-Operative? This is a business that is owned and controlled by the people who use its services. Co-operatives use a special form of governance.
They generally come in a plastic tube packaging as a liquid. They are then frozen at home in the household freezer. Zooper Doopers are somewhat of a cultural icon and have been popular since they first appeared in 1971. They are produced by the Bega Dairy & Drinks, division of the Bega Cheese company.
The two companies reached an agreement for Fonterra to produce Bega-branded cheese under a deal struck in 2002.
Peter Findlay - Chief Executive Officer - Bega Cheese Limited | LinkedIn.
The Dairy and Drinks portfolio covers a number of categories and includes many of our region's favourite brands including Dairy Farmers, Pura, Dare, Farmers Union, Yoplait, Masters, Daily Juice, The Juice Brothers and Zooper Dooper.
Bega Cheese has made a bold strategic shift with a $460 million deal taking the dairy processor into branded consumer goods after snapping up names such as Vegemite and KRAFT Mac & Cheese from Mondelēz International's Australia and New Zealand business.
The Vegemite brand returned to Australian ownership in 2017 when Bega Cheese purchased it alongside other assets from Mondelez International (formerly Kraft Foods Inc.).
Australia's Favourite Peanut Butter is now Aussie owned by Bega. Made in Port Melbourne with the same 'Never Oily, Never Dry' recipe you've always loved. All that's changed is the name!
Vegemite owner Bega Cheese has officially taken ownership of the Lion Dairy and Drinks business which includes big brands such as Dairy Farmers, Yoplait, Big M, Masters and Farmers Union iced coffee.
Bega has now bought all of the Australian Kraft products, from Vegemite to Kraft Cheddar. But Mondelez has been quietly ditching Kraft for some time. First it vanished from Vegemite, then Philadelphia.
Kraft Heinz Australia Pty Ltd is a foreign-owned private company, deriving revenue from the processing of food and the marketing of brand-name grocery products. The company employs approximately 770 people and is administered from its head office in Southbank, Victoria.
Bega Cheese Limited said it has entered into a binding share sale and purchase agreement to acquire all of the shares in Lion Dairy & Drinks from Japan's Kirin Holdings for a net acquisition price of A$534m (US$393m). Completion of the acquisition is anticipated to occur at the end of January 2021.
The biggest holder of the dairy co-operative's 1.6 billion shares is the Fonterra Farmer Custodian, the shareholder fund created with the introduction of Trading Among Farmers (TAF).
Fonterra Co-operative Group Limited is a New Zealand-based multinational dairy company, owned by the New Zealand-based dairy farmers that supply the company.
Our portfolio of well-known brands includes Fernleaf, Anchor, Anmum, and Anlene. Made using trusted processes and the highest quality natural dairy, our brands are loved by consumers in Southeast Asia and around the world.