Dairy, mining and manufacturing
Founded 1988. Primarily involved in dairy, the company is also engaged in mining and manufacturing in China. Acquired WA's Brownes Dairy from Australian private equity firm Archer Capital in Nov 2017. China Mengniu Dairy increased its stake to 23.8% in Dec 2020.
Shanghai Milkground Food Tech Co Ltd
CHN
China Mengniu Dairy Company Ltd
owns 24% of Shanghai Milkground Food Tech Co Ltd
CHN
Dairy
One of China's largest dairy product manufacturers. Operates 38 production bases in China and one in New Zealand. Major shareholders include Chinese state-owned COFCO, and European dairy giant Arla. Danone sold its 10% stake in 2021. Became a player in Australia's dairy industry after acquiring Burra Foods in 2016 and Bellamy's Organic in 2019.
Company Assessment
(Last updated Jan 2021)
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Shanghai Milkground Food Tech Co Ltd
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Criticism
Part owned by China Mengniu Dairy
This company is 23.8% owned by China Mengniu Dairy, who have a Shop Ethical rating of 'F'.
Source: company website
(2021)
Company Details
Type:
Public company
Founded:
1988
Employees:
781
(2017)
Subsidiaries:
Brownes Foods Operations Pty Ltd
Dairy and juice producers
Est 1886. Brownes is the largest buyer of farmgate milk in Western Australia, collecting and processing approximately 40% of the state's milk production. The business operates two manufacturing plants in Balcatta (Perth) and Brunswick and has WA's most extensive chilled distribution network. In 2011 Australian private equity firm Archer Capital acquired Brownes, and sold it to a Chinese consortium led by dairy manufacturer Shanghai Milkground Food Tech in 2017.
Contact Details
Products / Brands
Brownes
Brownes
Yoghurt
Brownes
Juice & Fruit Drinks
Brownes
Milk
Brownes
Flavoured Milk
Chill
Flavoured Milk