Mengniu

Yili has overtaken Danone to become the most valuable dairy brand in the world, as well as claiming second position in the overall Brand Finance Food 50 2020 ranking.

Yili tops Brand Finance list of world’s most valuable dairy brands

By Jim Cornall

The food & drink sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic, with the world’s top food & drink brands unlikely to lose brand value, according to the latest Brand Finance Food & Drink...

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.

Mengniu said all its production bases have resumed normal operation and production.

Mengniu expecting big drop in profits

By Jim Cornall

In March, China Mengniu Dairy Company Limited, said the group’s sales in February and March 2020 were affected by the coronavirus outbreak.

The ACCC said there is spare processing capacity at other raw milk processors in the Gippsland region, giving farmers alternative buyers for their milk. Pic: Getty Images/JohnCarnemolla

ACCC gives green light to Mengniu deal to buy Lion Dairy & Drinks

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) said it will not oppose the proposed acquisition of Lion Dairy & Drinks Pty Ltd (Lion D&D) by China Mengniu Dairy Company Ltd (Mengniu) after closely considering the potential impact on...

Saputo's takeover of Dairy Crest in the UK was the sector's biggest acquisition in 2019.

Mergers and acquisitions up again in annual Zenith report

By Jim Cornall

Zenith Global has published its database of food and drink company mergers and acquisitions in 2019, and the data show the previous record high of 777 in 2018 was broken again, with 789, an average of 15 each week.

The deal includes brands such as Dairy Farmers, Pura, Dare, Farmers Union, and Yoplait.

Mengniu buys Lion Dairy and Drinks

By Jim Cornall

China Mengniu Dairy Company Limited is buying Lion-Dairy and Drinks Pty Ltd (LDD) from Japan’s Kirin Holdings Company Limited.

Bellamy’s will become an indirectly wholly-owned subsidiary of Mengniu after the proposed acquisition.

Mengniu looks to buy Bellamy’s

By Jim Cornall

China Mengniu Dairy’s board has entered into a Scheme Implementation Deed with Australian infant formula maker Bellamy’s.

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