Kirin

Lion Dairy & Drinks launched its Dairy Farmers Creamery & Co range in 2018, one of the company’s many dairy brands. Pic: Lion Drinks & Dairy

Bega Cheese confirms Lion Dairy & Drinks acquisition

By Jim Cornall

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).

Chinese dairy company Mengniu purchased Australian company Bellamy's last year, but could not complete a deal for Lion Dairy & Drinks.

Mengniu pulls plug on Lion deal

By Jim Cornall

In November 2019, China Mengniu Dairy Company Limited announced the planned acquisition of Lion-Dairy & Drinks (LDD) Pty Ltd in Australia.

Lion Dairy and Drinks' portfolio includes flavored milk and iced coffee. Stock picture:getty/theeradechsanin

Kirin considers sale of Lion Dairy and Drinks

By Rachel Arthur

Japanese beer and beverage giant Kirin has announced a strategic review for Lion Dairy and Drinks - a producer and distributor of dairy products and beverages in Oceania – with the sale of the unit one of the options.

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