This move by a major dairy manufacturer highlights the evolving landscape of consumer demand beyond traditional fluid milk.
The Group achieved statutory earnings before interest, tax, depreciation and amortisation (EBITDA) of US$165.5 million.
This potential partnership with a Dutch dairy giant, could strengthen Bega’s bid and reshape the competitive landscape of the Oceania dairy sector.
Closure to occur over the next 18 months.
This move comes after New Zealand-based Fonterra announced that it would explore full or partial divestment options for ‘some or all’ of its global consumer business.