Tattarang: A Key Player in the Dairy Industry
Company Name: Tattarang
Location: Australia
Overview: Tattarang is a prominent investment group owned by Andrew Forrest. It has a significant presence in the dairy industry through its 11.5% stake in Bega Cheese Limited, a major Australian dairy company.
Financial Indicators: While specific financial figures for Tattarang's earnings from its Bega investment are not disclosed, its investment in Bega represents a noteworthy portion of its portfolio, given Bega's market standing in the dairy industry.
Important Events: Tattarang has been actively supporting Bega's strategic moves, such as the bid to acquire Fonterra’s Australian assets. This acquisition is significant as it would enhance Bega's operational capacity and market reach, benefiting Tattarang as a stakeholder.
Company Plans: Tattarang continues to back iconic Australian brands, including RM Williams and Akubra, alongside its investment in Bega. The group's future plans likely involve strengthening these brands and supporting Bega's expansion strategies in the dairy sector.