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Blackmores, Bega venture disappoints
Sep 14, 2017 - Australian Financial Review
Mergers and Acquisitions

The infant formula joint venture between Bega Cheese and Blackmores, which suffered a loss of $14 million in 2016-17, is headed for its two-year anniversary with its products being sold at a 20 per cent discount at Chemist Warehouse and a cloud over its future prospects.

Both companies say they are "monitoring" the progress of the joint venture known as Bemore Partnership Pty Ltd, which sells a range of Blackmores-branded infant formula products. The venture has been caught up in regulator

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