Lion dairy business facing tough conditions, while Bega sees growth
date:Feb 25, 2014
rld Beverages brands to its portfolio in a deal that valued the company at $381.6 million. Lion also added distribution contracts for new international premium brands such as Corona Extra, Stella Artois, Guinness and Kilkenny in the latter half the 2012 financial year and during the 2013 financial year. As a consequence, Lion experienced a one-time benefit, growing volumes 10 per cent. However, underlying conditions in the beer market remained tough, with volumes on a like-for-like basis declini
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