Company type | Public company |
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Industry | Dairy, Food processing |
Founded | July 1899 |
Headquarters | , Australia |
Key people | Pete Findlay (CEO) |
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Website | Official website |
The Bega Group is an Australian diversified food and drinks company with manufacturing sites in New South Wales, Queensland, Western Australia and Victoria. Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. [1] It is currently one of the largest companies in the dairy sector in Australia, with a base milk supply in 2018 of approximately 750 million litres per annum. [2]
Over half of the Bega Group's revenue (as of 2019) comes from their spreads, dairy consumer packaged goods and other grocery products, with their flagship Bega brand holding 15.7% of the Australian retail cheese market. [3] The Bega Group's other major consumer and foodservice packaged goods brands are Vegemite, Farmers Table, Zoosh, Picky Picky, Tatura and Dairymont. [2] The Bega branded Australia retail and foodservice cheese products are distributed by Fonterra under a long-term agreement. Just under a third of the Bega Group's revenue (as of 2019) was from exports. [2] The cheese products are exported to 40 countries and distributed across Australia where they are available in most supermarkets and general stores. [1] [4] [5]
Their other major business segments include bulk core dairy ingredients such as cheese, cream cheese and powdered milk (making up approximately 35% of revenue) and nutritional products produced under the Bega Bionutrients brand (such as lactoferrin and milk protein concentrate), [6] which make up around 9% of revenue. [2]
In 2019, the company won a legal dispute with Kraft Heinz over the packaging of its peanut butter. [10] In 2020, Kraft Heinz appealed the case to the Full Court of the Federal Court of Australia, but was dismissed. [11] In 2021, the two companies had reached a confidential settlement. [12]
In 2020, the company raised significant funds to purchase Kirin's suite of dairy products, including Dairy Farmers and Pura Milk. In 2022, the Bega Group was formed, bringing together several brands including Bega Cheese, Vegemite, Dare Iced Coffee, Dairy Farmers, Farmers Union and Zooper Dooper. [13] [ citation needed ]
In August 2023, Bega entered an agreement to acquire the businesses and certain assets of Betta Milk and Meander Valley Dairy from TasFoods Limited for $11 million. The deal also included a licence to use the Pyengana Dairy brand. [14]
Vegemite is a thick, dark brown Australian food spread made from leftover brewers' yeast extract with various vegetable and spice additives. It was developed by Cyril Callister in Melbourne, Victoria, in 1922, and it was first sold in stores on 25 October 1923.
Yeast extracts consist of the cell contents of yeast without the cell walls; they are used as food additives or flavorings, or as nutrients for bacterial culture media. They are often used to create savoury flavors and umami taste sensations and can be found in a large variety of packaged foods including frozen meals, crackers, snack foods, gravy, stock and more. They are rich in B vitamins. Yeast extracts and fermented foods contain glutamic acid, an amino acid which adds an umami flavor. Glutamic acid is found in meat, cheese, fungi and vegetables—such as broccoli and tomatoes. A number of other substances found in yeast extract provide aromas, some meat-like, when allowed to react under heat.
The Tillamook County Creamery Association (TCCA) is a farmer-owned dairy cooperative headquartered in Tillamook County, Oregon, United States. The association manufactures and sells dairy products under the "Tillamook" brand name. Its main facility is the Tillamook Creamery, located two miles north of the city of Tillamook on U.S. Route 101.
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere.
Kraft Singles is a brand of processed cheese product manufactured and sold by Kraft Heinz. Introduced in 1950, the individually wrapped "slices" are not really slices off a block, but formed separately in manufacturing.
Dick Smith Foods was a food brand created by Australian entrepreneur Dick Smith to provide Australian owned and produced alternatives to products from foreign-owned food companies. Generally, the brand focused on producing local alternatives to products with large market shares like Kraft peanut butter and Vegemite. However, Dick Smith Foods did not manufacture its own food products; instead, it sourced products from other Australian-owned companies, which licensed the Dick Smith Foods brand label. Dick Smith Foods also donated a portion of its profits to charitable causes.
Cheer, formerly Coon, is the Australian trademark of a cheddar cheese produced by the Warrnambool Cheese and Butter company, which is majority-owned by Canadian dairy company Saputo Inc.
Arla Foods Ltd is a major dairy products company in the United Kingdom, based in Leeds, and a subsidiary of Arla Foods, which is owned by its farmer owners in seven countries including the UK.
Bulla Dairy Foods is an Australian dairy company that manufactures a national and export range of ice cream, table cream, yoghurt, sour cream, cottage cheese, and imitation cream under various brands. The business was established in 1910 and subsequently became a partnership among three inter-related families, who still continue to own and operate the business. The company's name was established from the origin of place in Victoria, Australia and the business has continued for more than 100 years. Bulla Dairy Foods has expanded internationally, exporting its products to 17 countries, as well as supplying their products nationally within Australia to supermarket retailers. The company employs more than 600 people across three manufacturing sites across Victoria in Colac, Dandenong, and Mulgrave and a head office and distribution centre in Derrimut, Melbourne. In 2015, Bulla Dairy Foods released a new campaign with the tagline "Unfakeable" to emphasise the company's Australian heritage.
Bodalla is a small town on the South Coast of New South Wales, Australia, and located in the local government area of Eurobodalla Shire. The town sits on the Princes Highway, and is connected by road to Moruya, Narooma, Nerrigundah, Eurobodalla and Potato Point.
Farmers Union is a brand name established by the South Australian Farmers' Co-operative Union Ltd (SAFU), and now owned by Bega Cheese
Dairy Farmers Pty Ltd, originally established in 1900, whose parent company is Australian-owned Bega Cheese, is distributed mainly in New South Wales and Queensland in Australia. The core products sold under Dairy Farmers brand are fresh milk and UHT "long-life" milk, as well as various other dairy snacks. It supplies products to local and international markets such as Eastern Europe, the Middle East and Asia.
Bega Dairy & Drinks is a subsidiary of Australian diversified food company the Bega Group, having been purchased from the Japanese company Kirin in November 2020. While owned by Kirin, it was known as Lion Dairy & Drinks.
Fred Walker was an Australian businessman and founder of Fred Walker & Co. and the Fred Walker Company in Melbourne. He also set up Kraft Walker Cheese Co. in partnership with American businessman James L. Kraft in 1926, in order to market Kraft's patented method of processing cheese.
Murray Goulburn Co-operative Co. Limited was a dairy-processing co-operative corporation. In 2018, following financial difficulties and difficulties with suppliers over sustainable prices, the business assets were sold to Saputo Inc, a publicly-listed Canadian dairy company and later the trading name of the business was changed to AG Warehouse. The co-operative was placed into liquidation in 2020.
Warrnambool Cheese & Butter Factory Company Holdings Limited (WCB) is an Australian-based company manufacturing dairy products, majority-owned by Saputo Inc., a Canadian company, that manufactures a range of dairy products under various brands. The business is based in Allansford, Victoria and is the oldest dairy processor in Australia, having been established in 1888. It owns cheese brands CHEER and Cracker Barrel.
Synlait Milk Ltd. is a New Zealand dairy processor selling dairy and plant-based nutritional products, ingredients and powders to multinational customers worldwide. It is headquartered in Dunsandel, Canterbury, with additional manufacturing sites in Auckland and Pōkeno, a Research and Development Centre in Palmerston North and offices in Beijing and in Shanghai. The company manufactures milk powders and foodservice products such as infant formula, adult and early life nutrition products, ingredients such as lactoferrin and foodservice products such as UHT cream.
First Milk is a dairy co-operative in Britain which manufactures cheese, specialist dairy ingredients and whey proteins for its customers, as well as providing traceable fresh milk to a range of dairy manufacturers and food processors. As a dairy co-operative, owned and run by farmers; the area covered by its milk pool runs from the Mull of Kintyre in Scotland down through England and Wales.