SYDNEY, AUSTRALIA: Bega Cheese Limited (ASX:BGA) has announced that it has entered into a binding Business Sale Agreement to acquire the businesses and certain assets of Betta Milk and Meander Valley Dairy from TasFoods Limited (ASX:TFL). The acquisition includes a perpetual, royalty-free license to use the Pyengana Dairy brand for milk and cream products in…
SYDNEY: Bega Cheese Limited has entered into a binding Share Sale and Purchase Agreement to acquire all of the shares in Lion Dairy & Drinks (LD&D) for a net acquisition price of $534 million. Completion of the Acquisition is anticipated to occur at the end of January 20212. The Acquisition will be funded by a…
Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. Close to half of shares…