Lion Dairy & Drinks drinks to outsell Coca-Cola in its market-place. National Foods also manufactures yoghurt, fromage frais, dairy desserts, cream and cheese under brands that include Yoplait, Frûche, Divine Classic, YoGo and Farmers Union. The company also produces a range of premium speciality cheeses under brands such as King Island Dairy, South Cape, Tilba, Timboon and Clover Creek. San Miguel Corporation entered a bidding war for National Foods with New Zealand's Fonterra in 2004. National Foods board unanimously accepted the San Miguel Corporation offer. In 2005 San Miguel acquired National Foods for $1.8 billion. The Australian Competition and Consumer Commission had earlier signed
Silver Spring Soft Drinks purchased by venture capital firm Privet Capital and renamed as Silver Spring Soft Drinks Company Ltd, which continued the sale of the Silver Spring products. Silver Spring Soft Drinks Company Ltd in turn entered administration in October 2012, with production ceasing in December 2012 ahead of the company being finally wound up. Drinks company CBL Drinks acquired Silver Spring's former brands in 2013. Silver Spring products were commonplace throughout Kent, and many (including its 'Perfectly Clear' flavoured water range) were distributed nationwide. Certain lines were, however, distributed only in Kent, thus the company had a very local feel to it.