Lion Pty Ltd

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China Mengniu Dairy gets ACCC clearance for Lion Dairy & Drinks

21 Feb 2020

Australia's competition watchdog has given the green light to a local M&A deal by China Mengniu Dairy Company.

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.

Hatching new ideas - Big Food's incubator and accelerator programmes

29 Nov 2019

Our guide to some of the main incubators and accelerators operated by major food manufacturers as they look to tap into some of the consumer trends shaping demand.

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.

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.

Canadian dairy business Saputo 'eyeing Westland Milk assets'

23 Jan 2019

Canadian dairy heavyweight Saputo is reportedly among the interested parties seeking to buy New Zealand's second-largest dairy cooperative.

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.

Goodman Fielder seeks NZ rights to Yoplait

22 Jun 2018

Australia-based food manufacturer Goodman Fielder is looking to acquire the rights to the Yoplait brand in New Zealand.

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.

Murray Goulburn confirms approaches from suitors

21 Sep 2017

Up-for-sale Australian dairy processor Murray Goulburn has confirmed it has had approaches from a number of suitors interested in either buying some assets or taking over the whole co-operative.

Australian dairy sector launches code of practice

30 Jun 2017

The Australian Dairy Industry Council (ADIC) has launched a voluntary code of practice to govern contractual arrangements between companies and dairy farmers.

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".

Sales down at dairy unit but Lion points to profit improvement

14 Feb 2017

Australia-based food and beverage group Lion has reported a fall in annual sales from its combined dairy and drinks arm - but said growth from higher-margin products helped the unit's underlying profitability rise.

Lion counter suing A2 Milk over "naturally contains A2 protein claim"

31 Aug 2016

Australia-based food and beverage company Lion Pty Ltd confirmed today it is counter-suing New Zealand-based dairy and infant formula group A2 Milk Co. in a spat over its own use of the statement "naturally contains A2 protein" on some milk products.

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 reveals white milk, own-label pressure

4 Aug 2016

Lion, the Australian food and beverage group, has reported an 11% drop in underlying half-year volumes amid pressure on modified white milk sales and the loss of some own-label contracts.

A2 Milk suing Lion over "naturally contains A2 protein" claim

21 Jun 2016

New Zealand-based dairy and infant formula group A2 Milk Co is suing Australia-based food and beverage company Lion Pty for using the statement "naturally contains A2 protein" on some of its milk products.

Saputo reports mixed FY results

3 Jun 2016

Saputo, the Canada-based dairy group, has posted lower annual profits, although it said revenues and underlying earnings rose year-on-year.

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. 

Brownes Dairy "attracts eight suitors"

26 Aug 2015

Australian dairy group Lion and Chinese giants Bright Food and Fosun are reported to be among eight parties that have expressed interest in buying Brownes Dairy, the Australian dairy business.

Lion invests A$150m in speciality cheese production

21 May 2015

Lion Pty Ltd has invested A$150m (US$235m) to expand its speciality cheese capabilities and upgrade a speciality cheese "manufacturing hub" in Tasmania.

Food industry news of the week: Australia grocery code, Spanish dairy price-fixing

6 Mar 2015

This week, the spotlight on the relationships between suppliers and retailers turned to Australia, where a new code of conduct is to be set up. Meanwhile, Spain's anti-trust watchdog fined 11 dairy companies over alleged price collusion. A series of M&A deals this week included Dr Oetker's move for European frozen cake maker Coppenrath & Wiese. And our latest management briefing analysed the opportunities for packaged food manufacturers in the US foodservice market.


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