M&A Deal Summary

Mead Johnson Nutrition Co. Acquires Bega Cheese - Spray Drying and Finishing Capabilities

On February 27, 2017, Mead Johnson Nutrition Co. acquired food company Bega Cheese - Spray Drying and Finishing Capabilities from Bega

Acquisition Highlights
  • This is Mead Johnson Nutrition Co.’s 1st transaction in the Food sector.
  • This is Mead Johnson Nutrition Co.’s 1st transaction in Australia.

M&A Deal Summary

Date 2017-02-27
Target Bega Cheese - Spray Drying and Finishing Capabilities
Sector Food
Buyer(s) Mead Johnson Nutrition Co.
Sellers(s) Bega
Deal Type Divestiture

Target

Bega Cheese - Spray Drying and Finishing Capabilities

North Bega, Australia
Bega Cheese Ltd. - Spray Drying and Finishing Capabilities is a provider of food products in Australia.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Mead Johnson Nutrition Co.

Glenview, Illinois, United States

Category Company
Founded 1905
Sector Food
Employees7,660
Revenue 3.7B USD (2016)
DESCRIPTION
Entrance to Mead Johnson's corporate headquarters in Gleview, Illinois.
Entrance to Mead Johnson's corporate headquarters in Gleview, Illinois.

Mead Johnson Nutrition Co. developes nutritional offerings for infants and children. The Company was formed in 1905 and was spun-off from Bristol-Myers Squibb in 2009. Mead Johnson is based in Glenview, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Bega

North Bega, Australia

Category Company
Founded 1899
Sector Food
Employees1,800
Revenue 3.6B AUD (2025)
DESCRIPTION

Bega engaged in manufacturing both processed and natural cheddar cheese products. Bega was founded in 1899 and is based in Bega, Australia.


DEAL STATS #
Overall 2 of 2
Sector: Food M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-17 Saputo Dairy Australia Pty

Allansford, Australia

Saputo Dairy Australia Pty Ltd. produces, markets and distributes a wide range of high-quality dairy products for the domestic and international markets. The company's products are sold in several countries under well-known brand names such as Caboolture, COON, Cracker Barrel*, Devondale, Great Ocean Road, King Island Dairy, Liddells, Mersey Valley, MG Ingredients, Mil Lel, Sungold, South Cape, and Tasmanian Heritage.

Sell -