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Milkground

OVERALL

Owned
CHN
Rating
Criticism, some praise

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.

Company Ownership

Shanghai Milkground Food Tech Co Ltd   CHN     website         
  China Mengniu Dairy Company Ltd   
   owns 24% of Shanghai Milkground Food Tech Co Ltd  
CHN     website   email      

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.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Shanghai Milkground Food Tech Co Ltd
Business Ethics 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)

> About the Icons

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

Address Shanghai, China
Website www.groundmilk.com

Products / Brands

Brownes
Brownes Yoghurt
Brownes Milk
Brownes Flavoured Milk
Brownes Juice & Fruit Drinks
Chill Flavoured Milk


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