Bega Cheese: Closures and Growth
Bega Cheese has experienced a year of closures and growth, as reported to shareholders at the annual general meeting on October 27.
- Closure of the Strathmerton cheese packing and processing plant, with operations transferred to NSW.
- Consolidation of two legacy sites into the Lenah Valley facility in Hobart, following the acquisition of Betta Milk in Tasmania.
- Closure of the Bega Canberra site and announcement of the closure of two Peanut Company of Australia sites.
Chairman Barry Irvin hinted that future growth could be organic and through acquisitions.
Despite closures, the company is continuing to grow.
Author's summary: Bega Cheese undergoes restructuring.
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