Bega Cheese has completed a multi-million takeover of Lion Dairy, bringing a suite of iconic brands back under Australian ownership.
Bega Cheese paid $534 million (US$413 million) for the company from Japanese beverages giant Kirin Holdings.
Lion Dairy & Drinks owned products Pura Milk, Farmers Union, and Dare on May 25, 2016 in Melbourne, Australia. Darrian Traynor/Getty Images
Daniel Y. Teng
Editor
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Daniel Y. Teng
Editor
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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