Bega Cheese says it is well positioned to take advantage of growth opportunities in dairy and food after posting what it described as a solid first half 2018 financial year result.
Bega achieved a AUD...
Global food giant Kraft Heinz has petitioned a judge in a federal court in New York to mediate a dispute between it and leading Australian food manufacturer Bega, alleging “Bega’s blatant violation...
Suntory Beverage & Food Ltd has announced that it has entered into an agreement to sell its Cerebos Food & Instant Coffee business in Australia and New Zealand, to the Kraft Heinz Company.
Suntory...
Australian-owned Bega Cheese has acquired the former Kraft Peanut Butter factory in Victoria, adding the spread to its portfolio.
Bega, famously known for cheese, will produce the original recipe Kraft...
The Dunedin Cadbury factory in New Zealand is set for closure after a suitable bidder could not be found.
The parent company for Cadbury, Mondelez International, put local production out to tender, seeking...
Perhaps many urbane Australians eating avocado on toast for their breakfast will be surprised to learn that the humble Weet-Bix is in high demand in China.
After featuring in a popular Chinese television...
Murray Goulburn, has posted a loss of AUD $31.9 million got its first half results.
Murray Goulburn’s new Chief Executive Officer, Ari Mervis, said the financial period was a particularly challenging...
Bega has posted a $15.7 million profit for the first half of its 2017 financial year whilst competitor Murray Goulburn has reported a significant loss.
Despite Bega’s success, and a predicted turnaround...
Unilever has rejected a takeover offer from Kraft Heinz worth approximately US $143 billion.
If the acquisition went ahead, it would have been one of the largest in global corporate history.
Addressing...
The big news that Bega has purchased Vegemite off Mondelez International does not reveal the full story about the acquisition.
The acquisition means a lot more than Vegemite now being owned by an Australian...
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