Kirin Holdings

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

2019 - The year in food industry M&A

11 Dec 2019

Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during 2019.

Chinese dairy giant Mengniu turns again to Australia

27 Nov 2019

Why has Mengniu, one of China's largest dairy companies, moved to make another acquisition of an Australian business? We look at its deal for Lion Dairy & Drinks.

China Mengniu Dairy Company strikes deal for Lion Dairy & Drinks

25 Nov 2019

China Mengniu Dairy Company has struck a deal to buy another business in Australia, just months after moving to acquire local infant-formula supplier Bellamy's Australia.

Saputo-Lion cheese deal green-lighted by Australian competition watchdog

26 Sep 2019

Australia's competition watchdog has ruled on the proposed acquisition by Canadian dairy company Saputo of the Lion speciality cheese business.

Japan’s Kirin eyes "functional" food push with Fancl investment

16 Aug 2019

Kirin Holdings, the Japanese drinks major, is looking to develop functional foods after buying a 30% stake in a local peer.

Australia's competition body raises concerns over Saputo's deal for Lion Dairy

8 Aug 2019

Australia's competition watchdog has raised concerns about the acquisition by Canadian dairy company Saputo of speciality cheese assets owned by an Japan's Kirin Holdings. 

Saputo to acquire Lion Dairy speciality cheese business in Australia from Kirin

26 Apr 2019

Canada's Saputo has emerged as the winner in the battle to buy an Australian-based speciality cheese business which has been on the market since October.

Freedom Foods declares itself out of Lion Drinks and Dairy race

25 Mar 2019

Australia's Freedom Foods Group has made an announcement following speculation it might make a bid for Kirin's locally-based food and beverage unit Lion Drinks and Dairy (LDD).

Coca-Cola Amatil shuts down Lion Dairy speculation

18 Mar 2019

Coca-Cola Amatil (CCA) has commented on speculation linking it to the purchase of Kirin's Australia-based food and beverage unit.

Saputo coy on Kirin's sale of Lion's dairy business

5 Nov 2018

Saputo, the Canadian dairy giant, has refused to be drawn on whether it is looking to acquire the dairy assets of Lion, the Australian food and drinks group.

'Saputo, Yili in running for Kirin's Australian dairy business'

24 Oct 2018

Inner Mongolia Yili Industrial Group Co., one of China's largest dairy companies, is reportedly among potential bidders in the race to buy Kirin Holding's Australian food and beverage business.

Kirin confirms plan to sell off Lion's dairy arm

19 Oct 2018

Japan's Kirin Holdings is to sell the dairy division of Lion, its Australia-based food and beverage subsidiary.

Australia's Lion could sell dairy arm

11 Sep 2018

Japan's Kirin Holdings may sell the dairy division of Lion, its Australia-based food and beverage subsidiary.

A2 Milk's legal spat with Lion settled 

7 Dec 2017

A dispute between New Zealand dairy and infant formula business A2 Milk and Australian food and beverage group Lion has been resolved without recourse to further legal action.

Australia's Lion launches "start-up accelerator"

19 Jun 2017

Lion has launched a "start-up accelerator", a move the Australian food and drinks manufacturer said would help speed up its "innovation agenda".

Lion brings Asia dairy unit into wider dairy business

5 Aug 2016

Lion, the Australian food and beverage group, is to place its stand-alone Asian dairy business into its dairy and drinks division in a bid to put the region at the centre of the company's decision-making.

Lion takes sales hit but earnings rise 

18 Feb 2016

Lion, the Kirin Holdings-owned Australian dairy-to-brewery group, reported an increase in full-year operating earnings despite lower sales in the period. 

Lion invests in Perth production, jobs cut

22 Jan 2016

Lion Pty Ltd, the Australian dairy group, is to upgrade production at its Bentley dairy in Perth – but confirmed that the move will see job cuts at the site's warehouse operations. 

Saputo's Warrnambool to acquire Lion's cheese business

2 Mar 2015

Warrnambool Cheese and Butter Factory - the Australian arm of Canadian dairy group Saputo - has struck a deal to acquire the everyday cheese business of Lion Pty Ltd for approximately A$137.5m (US$107.1m).

Lion looks to future despite dairy challenges

12 Feb 2015

Lion saw volumes from its dairy and juice arm drop more than 7% in the year to the end of September but the Australian dairy group said it was making progress in attempting to turn the business around.

M&A Watch: Emmi shareholders should consider sale

14 Oct 2014

The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stefan Kirk asks, the Swiss group's shareholders consider a liquidity event that would make them a participant in European dairy consolidation, plus earn them lots of money?

AUS: Lion dairy, soft drinks sales still under pressure

6 Aug 2014

Australian group Lion continues to see sales from its dairy and soft drinks division come under pressure, with volumes down over 3% in the first half of its financial year.

AUS: Saputo closes WCB pursuit with 88% stake

13 Feb 2014

Saputo's takeover offer for Warrnambool Cheese and Butter Factory has closed, with the Canadian dairy giant holding just shy of 88% of the Australian processor.

AUS: Lion books dairy write-down, warns of "headwinds"

13 Feb 2014

Australian group Lion has booked an impairment charge of A$338.8m on its dairy business, which it warned faced "considerable headwinds".

AUS: Murray Goulburn to accept Saputo's WCB bid

23 Jan 2014

Murray Goulburn has decided to accept the takeover offer for fellow Australian dairy firm Warrnambool Cheese and Butter Factory from Saputo.

AUS: Saputo secures control of Australian dairy WCB

22 Jan 2014

Saputo has secured control of Warrnambool Cheese and Butter Factory after winning the backing of shareholders representing over half the Australian dairy processor.

AUS: Bega Cheese to sell WCB stake to Saputo

16 Jan 2014

Saputo's bid to buy Warrnambool Cheese and Butter Factory was given a boost today (16 January) after Bega Cheese decided to sell its stake in the Australian firm to the Canadian dairy giant.

AUS: Our offer is final, Saputo tells WCB investors

10 Jan 2014

Saputo has said its current bid for Australian dairy processor Warrnambool Cheese and Butter Factory is its "last and final offer".

AUS: Bega receives interest in WCB stake

3 Jan 2014

Australian dairy processor Bega Cheese has received interest in its stake in local peer and takeover target Warrnambool Cheese and Butter Factory.

AUS: Bega Cheese to drop out of WCB race

19 Dec 2013

Australian dairy processor Bega Cheese, which kicked off the takeover battle for local peer Warrnambool Cheese and Butter Factory, is to walk away from the table and close its offer.



Forgot your password?