Japanese beverage giant Kirin is selling Lion Dairy to Australian company Bega Cheese, months after it was forced to scrap a bigger deal because of geopolitical tensions with China. Credit: Morgan Hancock … What Kind Of Shareholder Owns Most Bega Cheese Limited (ASX:BGA) Stock? (Nikkei Asia) — Australia’s Bega Cheese Ltd. said on Thursday it will buy the local dairy assets of Japanese drinks giant Kirin Holdings Co. Ltd. for A$560 million ($412 million) to drive consolidation in Australia’s fragmented dairy industry. Published November 25, 2020 9:12 pm . Bega Cheese is a leading Australian dairy and food company producing cheese, infant formula, nutritional powders, Vegemite, peanut butter and salad dressings. A look at the shareholders of Bega Cheese Limited can tell us which group is most powerful. The Company's segments include Bega Cheese and Tatura Milk. By Simply Wall St Published August 19, 2019. Share ... Kirin is selling Lion Dairy to Australian company Bega Cheese for 560 million Australian dollars ($412 million), the companies said on Thursday. Bega’s ownership of the Bega Brand is not questioned. “Bega Cheese has a longstanding licence and product supply agreement on cheddar and processed cheese with Fonterra in Australia. The Bega Cheese deal will be funded by a combination of new and extended debt facilities and the proceeds from a A$401m (US$295m) underwritten entitlement offer and placement. Bega CEO Paul van Heerwaarden and Bega Cheese chair Barry Irvin say the deal is a huge step forward for the company. Bega Cheese Limited (Bega) is an Australia-based company engaged in receiving, processing, manufacturing and distributing dairy and associated products. 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