737 Bourke Street Docklands, VIC 3008 . Dairy Farmers' became a brand of National Foods. An easy and convenient way to place your orders online Sign in. Password. Bega Cheese has acquired Lion Dairy and Drinks for $534 million, returning iconic brands like Dairy Farmers, Farmers Union, Pura Milk, Big M and Yoplait to Australian ownership. 2011 - Lion Nathan National Foods becomes Lion and Lion Dairy & Drinks. Lion Dairy & Drinks Brand Updates. Dairy processor and drink manufacturer Lion has confirmed it has been forced to shut down production after being hit by a cyber attack on Monday. Pura, Big M owner Lion Dairy and Drinks sold to China Mengniu Dairy. Lion's dairy and drinks … ASX-listed dairy company Bega Cheese will purchase Lion Dairy and Drinks from Japan's Kirin for $534 million. Kirin said the future of Lion Dairy and Drinks would be re-examined. NZ: 0800 730 732. Lion - Dairy & Drinks Australia . The dairy and drinks arm of food and beverage giant Lion has been placed under strategic review, with parent company Kirin hinting at a possible sellout of the brand if sales fail to increase. Lion Dairy and Drinks brand names include the Pura, Dairy Farmers and Masters white milk and cream lines; Dare, Big M, Classic and Farmers Union flavoured milks, and Yoplait and Farmers Union yoghurt. Bega Cheese has agreed to acquire Australian Lion Dairy & Drinks from Kirin Holdings for AUD 560 million ($412 million), taking ownership of brands such as Dairy Farmers and Pura.. Part of the sale are all the white milk, milk-based beverages (MBB), yoghurt, juice and water ice brands and assets of Lion Dairy & Drinks. 2009 – National Foods became Lion Nathan National Foods, after Kirin Co. Ltd acquired 100% of Lion. The Australian Government very quickly declared dairy an essential service and so, throughout this time you kept milking, we kept manufacturing and our consumers kept enjoying our great tasting dairy products. Lion Dairy and Drinks operates 11 Australian manufacturing facilites and has another two with joint-venture partners. PO Box 23084 Docklands, VIC 8012 +61 3 9188 8000. New customer registration Remember me Forgot password? The purchase will be completed by the end of January 2021. Bega Cheese can now look forward to gaining clout in the global food sector after a A$560 million deal to buy Lion Dairy and Drinks business.With the addition of more well-known dairy products including yoghurt, cheese and flavoured milk to the portfolio, the ASX-listed diversified food company would now be better placed in dealing with the growing competition. Username. X. X. X. X. Under the deal Bega will acquire well known brands such as Dairy Farmers, Yoplait and Farmers Union. COVID-19 has changed how we live, work, shop and it has had a huge impact on our customers and consumers across the country. Bega’s $534 million deal to buy the Lion Dairy and Drinks business includes $25.9 million in mainly IT separation costs, which Bega says Lion will pay, but is a moot point. Lion brands include Dairy Farmers. Lion Dairy & Drinks Portal. Dairy Bega Cheese in $400 million capital raising to pay for Lion Dairy and Drinks The international company 'China Mengniu' is hoping to take ownership of 'Lion Dairy and Drinks', which includes iconic brands such as Dairy Farmers. The Lion dairy and drinks acquisition will more than double total revenues across Bega to about $3 billion. Bega Cheese has agreed to acquire Lion Dairy & Drinks for AUD560 million ($412 million) from Australian food and beverage company Lion, which in turn is a subsidiary of Japanese beverage company Kirin Holdings. The net acquisition price is $534 after a $26 million deduction for IT separation costs. Bega Cheese has announced it will acquire all shares in Lion Dairy & Drinks (LDD) for $560 million. Bega Cheese is raising capital to buy Lion Dairy and Drinks, which includes brands such as Dairy Farmers milk. It will undertake a $401 million capital raise with the deal expected to be completed by the end of January. 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 … Consumer Enquiries AU: 1800 677 852. The $500 million-odd Lion Dairy and Drinks includes Australia's only national cold chain distribution network, which deliver its products, including milk-based drinks, yoghurts and juices. Lion, which also operates a large beer business with brands including XXXX Gold, Tooheys and West End, is owned by Japanese giant Kirin. If you have trouble logging in, please contact: Customer Sales and Service . The acquisition of the Lion dairy and drinks business gives Bega some real muscle in the Australian industry, but also increases the export business to about $500 million in revenues. Sales Enquiries AU: 1800 000 570. 1800 000 570. email@example.com. The sale of Lion Dairy and Drinks to Bega Cheese creates a new sizeable force in Australian food manufacturing but it rubs a dose of fresh salt into our wounded relationship with China. Bega executive chairman Barry Irvin and his … Order products and manage your account online. The ACCC has cleared the way for China Mengniu Dairy to lap up Lion's Dairy and Drinks portfolio, which includes the Dairy Farmers, Pura milk, Dare and Farmers Union iced coffee brands. Lion Dairy and Drinks will be back in Australian hands after Bega Cheese announced a more than $500 million deal to buy the company from Japan's Kirin. Not an online customer? Lion D&D Customer Service. Australian food manufacturer Bega Cheese is reportedly the front-runner to buy local peer Lion Dairy & Drinks.