Friday, 24 March 2017
Bega Cheese
Author/s : Daniel Goldberg
Type : Case Study
 

 

This long time client of Addisons has been extremely active in building its business in recent years. My team has been involved in a major acquisition for Bega Cheese recently:


Warrnambool Cheese and Butter Factory Company Holdings Limited – while another part of our corporate team handled the takeover offer for Warrnambool Cheese and Butter, my team advised Bega Cheese on the $190 million debt funding required for the aquisition.


Following a lengthy battle for the company with two other bidders, including Canadian dairy company Saputo, Bega Cheese ultimately accepted Saputo’s offer, receiving consideration of approximately $100 million for its stake in the company.

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