BGA bega cheese limited

Ann: Port Melbourne Property, page-6

  1. 11,192 Posts.
    lightbulb Created with Sketch. 1482
    From the 'AFR' (to be in paper tomorrow:

    (the Port Melbourne site is a huge 6.34 hectares):



    Bega hoping for $150m for 99-year-old Vegemite factory

    May 25, 2022 – 3.05pm



    Bega Cheese plans to cash in on strong demand for well-located industrial property by selling its near 100-year-old Vegemite factory in Port Melbourne for about $150 million.
    ASX-listed Bega will lease back the 36,915 square metre facility at 1 Vegemite Way to the new owner, giving the food company the ability to funnel the proceeds of the sale back into its business.
    The Vegemite facility in Port Melbourne will be leased back to Bega on a long-term deal.
    The property, where arguably Australia’s best-known food brand has been manufactured since 1923, was transferred to Bega in 2017 as part of its $460 million deal to buy Vegemite and other Australian grocery products from Mondelez International (previously called Kraft Foods).
    At the time, the Vegemite factory was valued at less than $90 million.
    Should Bega secure a buyer, the company will continue to manufacture Vegemite and other products at the site under a long-term lease arrangement.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$5.20
Change
0.070(1.36%)
Mkt cap ! $1.586B
Open High Low Value Volume
$5.15 $5.22 $5.15 $1.937M 373.5K

Buyers (Bids)

No. Vol. Price($)
4 900 $5.20
 

Sellers (Offers)

Price($) Vol. No.
$5.22 1124 2
View Market Depth
Last trade - 16.12pm 28/07/2025 (20 minute delay) ?
BGA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.