Bega Cheese buys Tassie dairy company

Bega Cheese executive chairman Barry Irvin said the purchase of the iconic Tasmanian brands fitted with Bega’s corporate goals to become a great Australian food company.

The purchase includes the Meander Valley Dairy and a licence to use the Pyengana Dairy brand.

TasFoods purchased the two companies just four years ago for $13.6 million.

TasFoods retains ownership of the Burnie land and buildings.

The sale is subject to approval from the Australian Competition and Consumer Commission.