Dairy Farmers Pty Ltd

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Dairy Farmers Pty Ltd
Bega Dairy & Drinks
Websitewww.dairyfarmers.com.au

Dairy Farmers Pty Ltd, originally established in 1900, whose parent company is Australian-owned

Bega Cheese, is distributed mainly in New South Wales and Queensland in Australia. The core products sold under Dairy Farmers brand are fresh milk (in New South Wales and Queensland only) and UHT "long-life" milk (Australia wide), as well as various other dairy snacks. It supplies products to local and international markets such as Eastern Europe, the Middle East and Asia
.

National Foods
, acquired the company in November 2008, and renamed "National Foods" as "Lion Dairy & Drinks" the following year.

On 23 November 2020, a deal was announced that would allow

Bega Cheese
to buy Lion Dairy & Drinks, and all subsidiaries, including Dairy Farmers.

History

On 15 January 1900 (1900-01-15), the Dairy Farmers Co-operative Milk Co. Limited was created by 65 stakeholders, most being dairy farmers in the

National Foods, under its brand "Pura", first.[citation needed
]

In 2008, Dairy Farmers was acquired by Kirin Holdings (Australia) Pty Ltd, part of the Kirin Group of

Lion Dairy & Drinks
in 2011.

Dairy Farmers' head office was located in Homebush Bay, Sydney until 2008. Lion Dairy & Drinks has its head office is in Melbourne, but LD&D's parent, Lion, has its corporate head office in Sydney.

In November 2019, China's

FIRB approval. On 25 August 2020, it was announced that Kirin and Mengniu had decided to cancel the sale because rising geopolitical tensions between Australia and China meant it was unlikely approval from Australian regulators would materialise.[5][6]

On 23 November 2020, it was announced that

Bega Cheese would purchase Lion Dairy & Drinks, and all subsidiaries including Dairy Farmers for a reported A$550 million.[7][8] This would make Dairy Farmers Australian-owned for the first time since 2008.[citation needed
]

Brands

Dairy Farmers brand is mainly used for fresh milk (in NSW and Queensland), UHT "long-life" milk (Australia wide), "Thick & Creamy" yoghurt, and desserts, creams, custard and buttermilk.

Dairy Farmers produced the "Ski" yoghurt range (its main competitor being

National Foods (Kirin Holdings) in 2008, Fonterra purchased the "Ski" brand (still under licence from Nestlé), with the brand name changing to "Nestlé Ski" in 2012. In 2016 Fonterra divested its yoghurt range, which includes "Nestlé Ski" and "Nestlé Soleil", selling it to Parmalat
.

As a company (prior to 2009), Dairy Farmers marketed a number of brands: a selection of milk, yogurt, cheese, cream, custard and flavoured milk varieties, sold under the main brand. The company had 11 processing plants in Australia, including at Wetherill Park in Sydney.

Locations

Factories carrying the "Dairy Farmers" brand) are located at:[citation needed]

  • NSW: 2257 Castlereagh Rd,
    Penrith
    , New South Wales.
  • QLD: 64-72 Magnesium Dve, Crestmead, Queensland.

These sites are also the locations printed on the back of all fresh milk bottles in New South Wales and Queensland respectively.

Company milestones

  • 1900 – Company established (The Dairy Farmers Co-operative Milk Co. Limited)
  • 1935 – Established first bottling plant in Sydney
  • Mid-1960s – Began producing cottage cheese and flavoured yogurts
  • 1977 – Invested in Ultra High Temperature (UHT) production
  • 1989 – Acquisitions and mergers saw the formation of, Australian Co-operative Foods (ACF), to be known as Dairy Farmers
  • 1993 – Acquired Dairy Vale (SA), Midland Milk (Vic), Malanda Co-operative (FNQ), and Queensco-Unity Dairyfoods Co-operative (SEQ)
  • 1997 – Acquired the COON, Mil Lel and Fred Walker cheese brands, and the licence for the Cracker Barrel brand. Merged with Malanda Dairy Foods and integrated the Dairy Vale business
  • 2005 – Restructured and refocused the company. Separated the FMCG business from the milk supply co-operative
  • 2008 – Acquired by Japanese-owned food and beverage company Kirin Holdings. Dairy Farmers' became a brand of
    National Foods
    .
  • 2009 – National Foods became Lion Nathan National Foods, after Kirin Co. Ltd acquired 100% of Lion.
  • 2011 – Lion Nathan National Foods separated into two new divisions, "Lion" and "Lion Dairy & Drinks" (LD&D Milk Pty Ltd and LD&D Foods Pty Ltd), with head offices in Sydney & Melbourne respectively.

References

  1. ^ "Our History". Student pack. Australian Co-operative Foods Limited. Archived from the original on 30 August 2007. Retrieved 2 September 2007.
  2. ^ "Japanese firm readies bid for Dairy Farmers". Australian Broadcasting Corporation. Retrieved 26 August 2008.
  3. ^ "National Foods to acquire Dairy Farmers for $910 million" (Press release). Dairy Farmers Limited. 25 August 2008. Archived from the original on 28 August 2008. Retrieved 28 September 2008.
  4. ^ "Mengniu buys Lion Dairy and Drinks". dairyreporter.com. 25 November 2019. Retrieved 3 January 2020.
  5. ^ Toh, Michelle (25 August 2020). "$430 million milk deal called off as tensions rise between China and Australia". CNN. Retrieved 16 January 2021.
  6. ^ CNN article 25 Aug 2020
  7. ^ SMH article 23 November 2020
  8. ^ Gray, Darren (23 November 2020). "Bega to get bigger with purchase of Lion's dairy business". The Sydney Morning Herald. Retrieved 16 January 2021.


External links