McGrathNicol Restructuring was appointed receivers of nan shares successful Australian Zhiran Co. Pty Ltd, Brownes Dairy’s eventual holding company, successful April.
Brownes Dairy food connected show astatine nan Food & Hospitality Asia 2025 waste and acquisition show successful April 2025. Credit: @brownes-dairy / LinkedIn
Australia’s Brownes Dairy plans to formally activity a buyer, aliases finance successful nan business, adjacent year.
McGrathNicol Restructuring was appointed receivers of nan shares successful Australian Zhiran Co. Pty Ltd, Brownes Dairy’s eventual holding company, successful April.
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According to a study by The Australian Financial Review successful April, Brownes Dairy was put connected nan artifact aft China’s Mengniu Dairy Co. called successful a $200m loan.
Brownes was sold – by Archer Capital, which bought it successful 2011 – to Australia Zhiran Co. successful 2017, a conveyance backed by a consortium that besides had finance patient Changchun Lianxin Investment Consulting Company arsenic a member. Mengniu Dairy was 1 of nan cardinal lenders successful that acquisition.
A institution spokesperson said nan waste process was “ongoing”, adding: “McGrath Nicol is presently moving intimately pinch nan Brownes Dairy squad to compile each business accusation into an investor package to return Brownes Dairy to market.
“While we’re yet to officially spell retired to market, we’ve had important liking from a scope of breathtaking investors. Our business will formally spell to marketplace successful 2026.”
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Founded successful 1886, Brownes Dairy calls itself Western Australia’s oldest dairy company. It sells a scope of yogurt, food and java done awesome grocers successful Australia.
Among nan products nan business markets successful Australia is RTD java marque is Hunt and Brew. The institution launched Hunt and Brew successful nan UK past year and, this week, announced nan acquisition of section co-packer Indul.
“Previously we were constricted successful nan mill arsenic different brands products we’re besides being produced, limiting our capacity,” nan Brownes Dairy spokesperson said.
In a statement, CEO Natalie Sarich-Dayton added: “This is simply a watershed infinitesimal for Brownes Dairy and a powerful ballot of assurance successful nan Hunt and Brew brand.”
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