The cheese deal with Fonterra that 'really kick-started' Bega

Kidder Williams' David Williams (left) and Bega Group's executive chair Barry Irvin. (Image: supplied)

Tue, 13 May 2025

The brand agreement between Fonterra Co-operative Group and Bega Group “really kick-started” the Australian dairy company’s transformation, the banker who brokered the deal at the time says.The deal dates back to when Fonterra took over Victorian dairy co-operative Bonlac in the early 2000s.Essentially, Fonterra inherited the agreement from Bonlac, which had allowed it to sell cheese products across Australia, except for New South Wales (NSW) and Canberra.'No one is barred'Fonterra sought to get control of the whole of...

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