ACCC Probes Bega’s Bid for Fonterra Oceania
Australia’s competition authority, the Australian Competition and Consumer Commission (ACCC), has officially opened an informal merger review into Bega Cheese’s proposed acquisition of Fonterra’s Oceania consumer, food‑service, and ingredient operations. The review—launched on 1 August—follows a growing consolidation trend in the Australian dairy sector and marks a strategic pivot by Fonterra to streamline its global…
ACCC approves merger of dairy giants Lactalis and Fonterra
The Australian Competition and Consumer Commission (ACCC) has approved a merger between the country’s two largest dairy processing companies, Lactalis and Fonterra. The planned takeover of Fonterra’s consumer, dairy ingredients and food service businesses by French group Lactalis would create a massive dairy company in Australia. Dairy company Lactalis has been given approval by the…
Watchdog will ‘regret’ letting Coles buy milk processing plants
The ACCC approved the supermarket’s takeover of Saputo’s two dairy processing facilities after a ‘detailed review’ but farmers fear the move will reduce competition in the market Dairy industry representatives have said the Australian consumer watchdog will regret its decision to allow Coles to purchase two fresh milk processing facilities, making it the only supermarket in Australia…