BGA bega cheese limited

News: BGA Bega Cheese to acquire Vegemite and other iconic brands from Mondelz International

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    Jan 18 (Reuters) - Mondelez International Inc MDLZ.O -

    • Bega Cheese to acquire Vegemite and other iconic brands from Mondelz International
    • Deal for A$460 million
    • Reached an agreement to sell most of its grocery business in Australia and New Zealand to Bega Cheese Limited
    • Philadelphia business is not included in deal as it is a Mondelz International Power Brand
    • Port Melbourne manufacturing site will transfer to Bega as part of this agreement
    • Transaction adds Vegemite brand and other grocery brands to Bega's portfolio
    • Port Melbourne manufacturing site will transfer to Bega as part of this agreement
 
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