Bega Group to Fonterra: Let us bid

Bega owns the Vegemite brand and now it wants Anchor, Mainland and its own cheese brand. (Image: Getty)

Thu, 01 May 2025

Bega Group wants the chance to bid for the consumer business being spun out of Fonterra Co-operative Group and claims to have been left out.But the New Zealand dairy co-op says it is following a typical process with the steps that would be expected.Australian dairy company Bega, which counts Australian billionaire Andrew (Twiggy) Forrest’s investment group Tattarang as its largest shareholder, says it has the backing to pull together a compelling offer to take the Oceania operation while a partner takes the Asian assets.Or it could make a...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

The Quiz Free

QuiznessDesk, Friday, July 18

Can you get them all correct without cheating?

The Quizmaster 9:15am

Property

Supply of new homes misaligned with what buyers want

There is a shortage of homes people love, a new survey finds.

Maria Slade 5:00am

Supply of new homes misaligned with what buyers want

Technology

CaSil Tech takes on the world's geothermal stations

The startup is raising funds to pursue commercial opportunities.

Greg Hurrell 5:00am

CaSil Tech takes on the world's geothermal stations

Sponsored

Global real estate without the passport or paperwork

A global ETF offers access to income-generating real estate like data centres, healthcare and logistics warehouses – all in New Zealand dollars.

Blackrock, Smart Invest

Sponsored

‘Make Today the Day’: Why on-the-job training is the key to NZ’s service recovery

Covid gutted New Zealand’s service workforce. Training is the fix – and the future.

ServiceIQ

More Primary Sector

Primary Sector

UPDATE: NZ-Canada dairy dispute resolved says NZ Trade Minister

A long-running dairy dispute with Canada has been resolved, says Trade and Investment Minister Todd McClay“The Government is pleased that this dispute has now been settled, and New Zealand exporters are guaranteed better access to the Canadian market,” McClay said.Under the agree...

Rebecca Howard 8:10am