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
Barr Britvic Soft Drinks the two companies failed to agree upon terms. Barr Britvic Soft Drinks Barr Britvic Soft Drinks plc was a proposed company to be founded by the merger between two British soft drink manufacturers, A G Barr and Britvic. Former Britvic shareholders were to own 63 per cent of the combined entity, whilst Barr shareholders would have held 37 per cent. Measured by revenue, it would have been one of the largest soft drinks companies in Europe. The company would have had annual sales of more than £1.5 billion and would have employed around 4,300 staff. The company would have produced