Business Services Industry
Kirin moves to swallow Nat Foods.
Australasian Business Intelligence, July, 2007
Byline: Brett Clegg and Simon Evans
Jul 04, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australian dairy and fruit juice assets may change hands again. Japan's Kirin Holdings is considering buying the National Foods and Berri businesses from Philippines-based San Miguel Corporation. The deal would be worth more than $A2bn. Kirin, which controls brewer Lion Nathan, is keen to expand its Australian beverage range. The Japanese food and beverage giant is already the largest shareholder in San Miguel. National Foods employs 3,500 people at 20 manufacturing plants around Australia.
Publication Date: 5 July 2007
NATIONAL FOODS LIMITED
SAN MIGUEL CORPORATION
SAN MIGUEL FOODS AUSTRALIA HOLDINGS PTY LTD
KIRIN...
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