Bega Group

For the Romanian company, see Bega Group (Romania).

Bega Group
Company typePublic company
IndustryDairy, Food processing
FoundedJuly 1899; 125 years ago (1899-07)
Headquarters
Bega, New South Wales
,
Australia
Key people
Pete Findlay (CEO)
Production output
  • Decrease297,668 tonnes (2020)
  • 303,252 tonnes (2019)
Revenue
  • IncreaseA$1,493,219,000 (2020)
  • A$1,419,952,000 (2019)
  • DecreaseA$102,992,000 (2020)
  • A$104,867,000 (2019)
  • IncreaseA$31,886,000 (2020)
  • A$30,929,000 (2019)
Subsidiaries
Bega Dairy & Drinks
Vegemite
WebsiteOfficial website

The Bega Group is an Australian diversified food and drinks company with manufacturing sites in New South Wales, Queensland, Western Australia and Victoria. Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. Close to half of shares publicly traded are still held by Bega's farmer-suppliers.[1] It is currently one of the largest companies in the dairy sector in Australia, with a base milk supply in 2018 of approximately 750 million litres per annum.[2]

Over half of the Bega Group's revenue (as of 2019) comes from their spreads, dairy consumer packaged goods and other grocery products, with their flagship Bega brand holding 15.7% of the Australian retail cheese market.[3] The Bega Group's other major consumer and foodservice packaged goods brands are Vegemite, Farmers Table, Zoosh, Picky Picky, Tatura and Dairymont.[2] The Bega branded Australia retail and foodservice cheese products are distributed by Fonterra under a long-term agreement. Just under a third of the Bega Group's revenue (as of 2019) was from exports.[2] The cheese products are exported to 40 countries and distributed across Australia where they are available in most supermarkets and general stores.[1][4][5]

Their other major business segments include bulk core dairy ingredients such as cheese, cream cheese and powdered milk (making up approximately 35% of revenue) and nutritional products produced under the Bega Bionutrients brand (such as lactoferrin and milk protein concentrate),[6] which make up around 9% of revenue.[2]

  1. ^ a b "Bega Cheese goes from sleepy dairy co-op to $1b business". The Sydney Morning Herald.
  2. ^ a b c d "Annual report" (PDF). www.begacheese.com.au. 2019. Retrieved 9 April 2020.
  3. ^ "Bega Cheese Limited Annual Report 2016" (PDF). Bega Cheese Limited. 2016. Retrieved 22 January 2017.
  4. ^ "Fonterra – Bega cheese". Archived from the original on 10 February 2016. Retrieved 11 February 2016.
  5. ^ "Bega Cheese Heritage Centre". VisitNSW.com. Archived from the original on 25 April 2016. Retrieved 5 September 2019.
  6. ^ "Our story – Bega Bionutrients | Lactoferrin Supplier". Bega Bionutrients | Lactoferrin Supplier. Retrieved 22 January 2017.