AUS: Lion: Loss of Woolworths milk deals will "impact" volumes
Lion retained contracts in other states
Australian dairy group Lion has said the loss of milk contracts to supply Woolworths, the country's largest grocer, will affect volumes at its plants.
Lion has lost contracts in Victoria and Western Australia in the latest set of deals announced by Woolworths.
However, Fonterra won the contract in Victoria with a ten-year deal starting in February. Brownes Food Group will supply Woolworths' stores in Western Australia for seven-and-a-half years from July.
Lion said it was "disappointed" to have lost the two contracts after putting up its "most competitive bid in each state".
"Woolworths' decision will impact volumes at Lion's milk processing plants in Chelsea in Victoria and Bentley in Western Australia. We will work through the detailed implications of this with our teams over the coming weeks.
The milk processor retained deals in the Northern Territory, South Australia and Tasmania.
- Foodservice focus - all-day breakfast; concept NPD
- Decision on US dietary advice missed opportunity
- How brands are eyeing their own retail presence
- Retail margin management in spotlight
- Why Lactalis could move for Dairy Crest
- Arla banned from selling skyr yoghurt in Finland
- Raisio revamps UK cereal arm, jobs to go
- PepsiCo to close Australia crisps plant
- US dietary guidelines to ignore environment impact
- Earth's Best infant formula line launched in China
- Global Savory Snacks Market: Merger and Acquisitions August 2015
- Management briefing: just-food’s industry outlook for 2015
- Food and Beverage Coding and Marking Equipment: Market Outlook 2015-2019
- E-Grocery Market in India - Market Research 2015-2019
- Chilled Processed Food Packaging in the United Kingdom