Longtable snaps up St David’s Dairy
LONGTABLE Group, the high-end food company run by ex-Ballamy’s Australia boss Laura McBain, has snapped up a second dairy asset, purchasing Melbourne’s St David’s Dairy for $15.25 million.
Bellaymy’s and A2: tale of two stocks amid milk wars
Bellamy’s, the one-time superstar infant milk formula stock, is in trouble again. By: RICHARD HEMMING
Dairy's big bust: milk companies promised the world and then failed to deliver as the industry soured
The rhetoric suggested Australian dairy farmers were set to tap into rivers of gold thanks to a milk exporting boom. By Brett Worthington
Swisse parent adds to pain for Bellamy's as buyouts tipped
The Chinese owner of Swisse vitamins and an infant formula business expects a wave of buyouts and more short-term pain for all players in infant formula in China, as rival Bellamy’s Australia tries to pull itself out of a serious hole. By Simon Evans.
Milk shakes catch up to Bellamy's
Every boom brings with it a bust. But when it comes to companies relying on China for a large portion of their sales, the wild card of government regulation looms large over any decision made by management. By BRIAN ROBINS
Bellamy's debacle not an issue for Blackmores, A2 Milk: analysts
The strategic missteps in selling organic infant formula to China by Bellamy’s Australia do not spell trouble for dairy producers or other companies pursuing promising e-commerce routes into the market, analysts say. By Jessica Gardner
Bellamy’s Australia Tumbles 16% After Firing CEO, Slashing Sales Outlook
Bellamy’s Australia (BAL.Australia) today fired its chief executive Laura McBain and slashed its sales outlook, moves which sent the infant formula maker’s shares tumbling. By Shuli Ren.
Bellamy’s to reveal new Fonterra contract
Embattled dairy group Bellamy’s is expected to reveal that it has restructured a crippling take-or-pay organic powder contract with Fonterra on more favourable terms when it updates the market as soon as today on its financial position. By JOHN DURIE and DAMON KITNEY.
Bellamy’s coup shines light on Tasmania’s corporate world
Even entrepreneur Jan Cameron, who is perhaps synonymous with the interwoven and clubby world of the Tasmanian business scene more than anyone else, will admit that sometimes the island state is just too small a place to forge a company free of conflicts of interest and interlinked fiefdoms. By ELI GREENBLAT / DAMON KITNEY
Just what are Bellamy’s investors buying?
As Bellamy’s chief Laura McBain attempts to talk her suppliers into better terms, the key question for investors is just what the company is worth. By JOHN DURIE