Bega Group marks 125 years, reveals next steps

Australian food and dairy manufacturer and producer Bega Group is celebrating its 125th anniversary.

Founded in 1899 as a local dairy cooperative in Bega, New South Wales, Bega Group has transformed into a diversified and dynamic food company. Today, Bega Group is operating in over 40 countries with more than 34 brands and the company now employs approximately 3800 people.

Reflecting on Bega Group’s journey, Barry Irvin, Executive Chairman of Bega Group, said: “As we celebrate Bega Group’s 125th birthday we feel very proud of our evolution from a small dairy cooperative to a diversified food company with a presence across Australia and around the world. This milestone underscores our commitment to innovation and quality. As an Australian-owned company, we stand for quality and integrity, embodying the values synonymous with Australian heritage.”

Strategic acquisitions have played a pivotal role in Bega Group’s growth strategy. Notable acquisitions include the iconic brand VEGEMITE in 2017 and several other beloved brands such as Dairy Farmers, Dare, Farmers Union, Pura, Masters, Big M, Daily Juice and Zooper Dooper through the 2021 acquisition of the Lion Dairy & Drinks business.

According to recent consumer research (the Nature Bega Group portfolio deep dive) from the company, of the 308 consumers surveyed, 91% have purchased at least one brand in the group’s portfolio.

Moving forwards, the group has established the Regional Circularity Co-operative (RCC) to drive the ‘Bega Circular Valley 2030’ program. This initiative aims to establish the Bega Valley as the most circular regional economy in Australia by 2030. The RCC has garnered strong partnerships with the community, businesses, corporates, academia and government to demonstrate transition pathways through pilots in the Bega valley and beyond.

One of the key projects under this initiative is the National Centre for Circularity in Bega, set to be built over the next two years. Funded by the NSW Government and Bega Group, this centre will showcase the circular economy transition of the Bega Valley, Bega Group and other RCC partners, serving as a model for efforts across the country and internationally.

Image caption: Bega Co Operative Store 1930. Image credit: Bega Group.