Latest News. The proposed sale was canceled on Tuesday. An easy and convenient way to place your orders online Sign in. Peter Taylor and Bridget Carter November 25, 2019 - 8:04PM On 25 November 2019, it was announced that China's Mengniu Dairy had purchased Lion Dairy from Kirin, for approximately AUD $600 million (US$407 million). With Lion Drinks holding close to 20 per cent of Australia's milk market, there are questions whether our milk products will go to Australian consumers or … Comprehensive coverage of the beverage industry's latest, breaking news brought to you by just-drinks's leading network of international journalists. The Australian company, Lion Dairy, and its owner, Japanese beverage giant Kirin, both said in separate … Its brands include Dairy Farmers and Pura milk, Masters, Big M flavored milk and plant-based milk Vitasoy. Our focus is on the production, marketing, sales and distribution of beer, wine, spirits, cider and ready-to-drink products, as well as a range of non-alcohol beverages. Order products and manage your account online. Username. Pura, Big M owner Lion Dairy and Drinks sold to China Mengniu Dairy A string of prominent Aussie brands including Big M, Pura, and Zooper Dooper have been snapped up by a Chinese company after it struck a major deal to buy a Melbourne-based business. 26 April 2019:- Lion CEO Stuart Irvine today provided an update on the sale of Lion Dairy & Drinks (LDD), including confirmation that Kirin and Lion have reached an agreement to sell LDD’s specialty cheese business to Saputo Dairy Australia (Saputo), for AUD 280 million. ... acquire big-name Australian dairy and juice brands including Dairy Farmers, Big M, Pura, Daily Juice and Berri , the sale also includes Malanda Milk. news, local-news, Tasmania, Lion Dairy & Drinks, King Island Dairy, James Boag, Stuart Irvine Lion has announced it intends to start a sale process for Lion Dairy & Drinks (LDD). The sale of the Lion Dairy and Drinks business to ASX-listed food and dairy company, Bega Cheese, has been well received by the company’s largest supplier group, Dairy Farmers Milk … Hong Kong (CNN Business)China Mengniu Dairy has called off its plan to buy an Australian drinks business for $430 million after the government in Australia said it would likely oppose the deal. Chinese company given the green light to own Dairy Farmers. Password. Lion Dairy & Drinks Portal. Update on the sale of Lion Dairy & Drinks On Friday 26 April 2019 Lion CEO Stuart Irvine provided an update on the sale of Lion Dairy & Drinks (LDD), including confirmation that Kirin and Lion have reached an agreement to sell the Lion Specialty Cheese Business to Saputo Dairy Australia (Saputo) on a standalone basis. Lion CEO Stuart Irvine said: “Following careful consideration, we believe a sale of LDD is the best option to set both Lion and LDD up with the capital and resources needed to grow into the future. Lion CEO Stuart Irvine said: “Following careful consideration, we believe a sale of LDD is the best option to set both Lion and LDD up with the capital and resources needed to grow into the future. Lion Dairy & Drinks Pty Ltd and China Mengniu Dairy Company Ltd have agreed to not proceed with the sale. Under the agreement, Bega is acquiring Lion Dairy — an Australian yogurt, milk and juice company that makes well-known brands such as Yoplait, Dairy Farmers and Big M … Lion Dairy and Drinks produces, markets and distributes products across Australia in the milk, dairy, beverages, cheese, yogurt, juice and soy categories. SEE LOCATIONS Since 2013, Lion has offered its suppliers the option to lock in all or part of their price on 50 per cent of the milk produced. Remember me Forgot password? Lion Dairy & Drinks has announced an opening variable milk price of $5 a kilogram milk solids for its direct milk suppliers in Victoria, Tasmania and South Australia.