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Lion dairy business facing tough conditions, while Bega sees growth

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Australian-based dairy businesses have coped differently with 'difficult' market conditions Food and beverage company Lion has announced its Dairy and Drinks business experienced “significant...

Murray Goulburn tipped to bid for Peters Ice Cream

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Peters Ice Cream could be for sale again, with Murray Goulburn tipped to bid for ownership There is growing speculation that Australian ice cream brand Peters Ice Cream could be for sale, with dairy co-operative...

The Lion sleeps, but will someone be crying over spilt milk?

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How might Lion's next moves affect the Australian dairy industry Food and beverage company Lion has announced that it does not currently intend to sell its shareholding in Victorian dairy company Warrnambool...

Lion to hold onto WCB shares, Murray Goulburn to sell its WCB shares to Saputo

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Murray Goulburn will sell its WCB shares to Saputo, Lion to retain for now Food and beverage company Lion has said it has no current intention to sell its share in Victorian dairy company Warrnambool Cheese...

Saputo takeover of WCB looks likely as Bega announces it will sell WCB shares to Saputo

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Bega to sell its WCB shares to Saputo New South Wales-based dairy company Bega Cheese Limited (Bega) has announced its intention to sell its 18.8 per cent shareholding in Warrnambool Cheese and Butter...

A Bright Food future as China-based group expands with WA cheese acquisition

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Mundella Foods has been acquired by China-based Bright Food Group China’s Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the conglomerate’s...

Global interest in Warrnambool dairy processor, acquisition speculation grows

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Interest in Victorian dairy company Warrnambool Cheese and Butter (WCB) has attracted a new potential bidder, according to media reports. There is speculation that Chinese state-owned China Investment...

Speculation grows about sale of Lion dairy brands

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Sources close to food and beverage company Lion are downplaying suggestions that its dairy business National Foods is for sale, despite growing speculation that it is on the market, according to reports...

Saputo bid for WCB blocked, Murray Goulburn increases its offer

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The Australian Government’s Takeovers Panel has issued interim orders to prevent Canadian dairy company Saputo from processing any acceptances received under its takeover offer for Warrnambool Cheese...

Murray Goulburn makes legal challenge to Saputo bid

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Australian dairy processor Murray Goulburn Co-opertive Co (Murray Goulburn) has made a legal challenge to the latest bid for Victorian dairy company Warrnambool Cheese and Butter (WCB) from Canadian dairy...