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Following the successful listing of Bega Cheese on the ASX, Bega Cheese acquired 100% control of Tatura Milk Industries Limited by way of scheme of arrangement. Taking the intimate knowledge of both Bega Cheese and Tatura Milk Industries we acquired in the IPO process, our team advised Bega Cheese in relation to the scheme and worked closely with the legal advisers to Tatura Milk Industries, Norton Gledhill, to prepare the scheme booklet and navigate the court and shareholder approval process within a tight timeframe.
The completion of the merger represented the culmination of the revision of the Bega Cheese corporate structure from its co-operative beginnings to an ASX listed structure that delivered investment flexibility to the dairy farmer shareholders of Bega Cheese and Tatura Milk Industries.