Sentences with phrase «australian dairy business»

Japanese beer giant Kirin Holdings is believed to be reconsidering the future of its Australian dairy business, Lion Dairy & Drinks.

Not exact matches

Ms McBain told The Australian Financial Review she had looked at a lot of businesses since joining the company but the dairy processor stood out as a top fit.

Reflecting on the second - half of the financial year Fonterra said it returned its Australian operations to profitability by taking out costs, reducing working capital and divesting non-core business assets, including shares in Bega Cheese and Dairy technology Services.

In an attempt to stabilise its Australian operations and improve returns, dairy giant Fonterra will sell its yoghurt and dessert business to the Aussie subsidiary of Italy - based Parmalat.

Street Talk understands Kirin has quietly tested market appetite for the Australian milk, dairy beverages, yoghurt and cheese business, approaching large global food and dairy companies and other potential buyers.

Should Kirin offload Lion Dairy & Drinks, it would leave the company with a large Australian alcohol business that makes more than $ 2.5 billion in annual sales.

Fonterra Co-operative Group Limited has today announced the intention to sell its Australian yoghurt and dairy dessert business to Parmalat Australia Pty. Ltd..

Some of the transcripts are now available from the Senate's inquiry into the «impacts of supermarket price decisions on the dairy industry» (naturally Frank Zumbo used the opportunity to once again rave about the Birdsville amendment on predatory pricing - he doesn't fail to mention he drafted it, amongst other things (such as a purported need for price discrimination laws and proposing an office of the Australian small business and farming commissioner)-RRB-.

The world's biggest dairy exporter, New Zealand's Fonterra, said its Australian arm is a business in turnaround at its interim result last week as chief executive Theo Spierings reaffirmed Fonterra's commitment to Australia after years of poor performances.

The analysts pointed out that «past transactions in the Australian dairy segment have been executed at 8 to 12 times EBITDA [earnings before interest, tax, depreciation and amortisation], though in the last decade the range is more like 10.5 to 13.0 times on comparable consumer - facing businesses.»

There is no doubt the Australian dairy sector is a tough business and margins are tight.

United Dairy Power founder and chief executive Tony Esposito says the company will announce a sale or partial sale of its business «imminently» in a further sign that interest in Australian dairy assets is redDairy Power founder and chief executive Tony Esposito says the company will announce a sale or partial sale of its business «imminently» in a further sign that interest in Australian dairy assets is reddairy assets is red hot.

See Julie - Anne Sprague, «Why Warrnambool sparked a bidding war» (AFR 22 October 2013), Tim Binsted, «MG to put case to tribunal» (Farm Weekly, 22 October 2013), Adele Ferguson, «Dairy giant poses as a national farm saviour» (Business Day, 19 October 2013) and Richasrd Gluyas, «Everyone wants these happy cows» (The Australian, 19 October 2013).

«A combined Murray Goulburn and WCB will create one of hte largest Australian owned food and beverage businesses and a globally competitive dairy foods company 100 per cent controlled by dairy farmers,» he said.

Submissions closed on 13 March 2015; five submissions were received (NZ Food & Grocery Council, Office of the Australian Small Business Commissioner, Law Council of Australia, Australian Dairy Farmers and Retail & Supplier Roundtable).

Fonterra Co-operative Group announced the intention to sell its Australian yogurt and dairy desert business to Parmalat Australia.

Sally Gras is director of the ARC Dairy Innovation Hub, which works with the Australian dairy manufacturing industry to address some of the major scientific and technical challenges identified as constraints to business growth and productivity in the dairy manufacturing seDairy Innovation Hub, which works with the Australian dairy manufacturing industry to address some of the major scientific and technical challenges identified as constraints to business growth and productivity in the dairy manufacturing sedairy manufacturing industry to address some of the major scientific and technical challenges identified as constraints to business growth and productivity in the dairy manufacturing sedairy manufacturing sector.