Tag Archives: Lion Dairy & Drinks

Mengniu Dairy to buy Lion Dairy & Drinks

Lion Dairy & Drinks has been sold to China Mengniu Dairy Company for $600 million. This sale includes all white milk, milk-based beverages, yoghurt, juice and water ice brands and assets. It also includes Dairy & Drinks’ international business, its share of joint ventures Vitasoy Australia Products and Capitol Chilled …

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Tick of approval for Saputo and Lion cheese deal

The ACCC has decided it will not oppose the proposed acquisition of Lion Dairy & Drinks’ Tasmanian-based cheese business by Saputo Dairy Australia. Saputo is proposing to acquire Lion’s Tasmanian cheese processing plants, located in Burnie and King Island, and Lion’s cheese brands, including South Cape, King Island Dairy and …

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