"Of course we're interested in dairy consolidation and we're interested in good dairy companies," Mr Irvin told "But as you've seen in the past, we're sometimes successful and sometimes unsuccessful. The ASX-listed group said its net profit surged 132 per cent to $28.8 million in the 12 months to June 30 on the back of a 7.5 per cent rise in revenues to $1.2 billion. Bega Cheese executive chairman Barry Irvin says the company could be interested in buying Lion's dairy and drinks business after the sale to China Mengniu Dairy was stopped by the Treasurer. "The result was powered by exports (up 15 per cent to $523 million), and sales of groceries like peanut butter and Vegemite. Appen slumped as earnings, sales fall short. "I'm actually quite proud of how the business has performed this year...we've delivered stable numbers to the market as far as the profit and financial performance is concerned. When choosing a wine to drink with cheese, consider the strength of the flavor of the cheese. Bega Foods1 Vegemite WayPort Melbourne VIC 3207Australia General Enquiries: +61 3 9243 5200Customer Service: +61 3 9243 5300Fax: +61 3 9243 5499click here to email A bold-flavored cheese will go well with red wine. Cream Cheese. And at this stage Lion has not commented on where they think they're going or what they're going to do. But [also] revenue growth and initiatives for business improvement," Mr Irvin said. Container Deposit Scheme - Return and Earn - Eligible items such as aluminium drink cans, some plastic drink bottles containers and some glass drink bottles can to the Return and Earn Collection Points located at Bega, Bermagui and Tura Beach. Wine Approval . Bega Cheese is Australia’s number one cheese manufacturing brand. Total Bega revenue rose 5 per cent to $1.49 billion. Woolworths gained 2.8 per cent on strong sales in July and August.Josh Frydenberg's personal decision to block the takeover of Lion's dairy and drinks business by the Chinese gives Australia's Bega Cheese – and others – the opportunity to pursue the target.The Australian online mattress and furniture success story is seeking some cashed-up new backers to help fund its product expansion and offshore growth plans. PwC is understood to have raided a team of 10 partners from rival consulting firm Deloitte, joining in on the musical chairs already underway in the sector. Bega Cheese has got the band back together for its tilt at Lion Dairy and Drinks.But ASX-listed Bega Cheese is getting the band back together for its tilt at Lion's up-for-sale (again) dairy and drinks division.Street Talk can reveal Bega has re-called Melbourne corporate advisory outfit Kidder Williams and Sydney law firm Addisons to help it run the rule over the business - which is the same team that helped Bega when the division first came to That auction process – run by Deutsche Bank – was shelved by Lion Dairy and Drinks-owner Kirin, and revived a year later in September 2019 to see Bega was fingered as a potential acquirer – and possible Kirin saviour – this week and just about confirmed those intentions on an earnings call on Thursday for its 2020 financial year results, when asked by Morgans analyst Belinda Moore.It would be a chunky acquisition for the $1 billion Bega, which was sitting on $236 million net debt as at June 30.However, it's worth remembering that China Mengniu's $600 million bid landed in September, when the economy and capital markets were a pretty different place. The organisation is a listed public company following a successful IPO in 2011. Bega Foods Port Melbourne is Bega’s home of Vegemite, Bega Peanut Butter and ZoOSh. The first day of spring wasn't the only season change on the minds of bankers and fund managers. Bega Cheese has got the band back together for its tilt at Lion Dairy and Drinks. "It was really our retail branded and international business, that was able to offset what would have been a challenging year had we not been quite such a diversified business," Mr Irvin said.Darren is the mining and agribusiness reporter for The Age and The Sydney Morning Herald.Bega boss 'interested' in buying Lion dairy after China sale pulled ASX-listed dairy and food producer Bega Cheese has delivered a result at the top end of its earnings guidance.