Kirin-owned brewery Lion is urging the wider industry to increase commitments to recycle glass and aluminium, particularly in countries with less-advanced sustainability infrastructures, as these packaging materials are ‘here to stay’.
Bega Cheese Limited said it has entered into a binding share sale and purchase agreement to acquire all of the shares in Lion Dairy & Drinks from Japan’s Kirin Holdings for a net acquisition price of A$534m (US$393m).
Steinlager has become New Zealand’s first major carbon zero beer brand: with Lion New Zealand aiming for carbon zero certification across its wider business in January 2021.
Lion says it has become Australia’s first large-scale carbon neutral brewer, with a carbon reduction program and acquisition of certified carbon credits.
The Australian Competition & Consumer Commission says it will not oppose the proposed acquisition of Lion Dairy & Drinks Pty Ltd by China Mengniu Dairy Company Ltd.