Camperdown Dairy International (CDI) was an Australian

infant formula Infant formula, baby formula, or simply formula (American English); or baby milk, infant milk or first milk (British English), is a manufactured food designed and marketed for feeding to babies and infants under 12 months of age, usually prepar ...

company which was founded in 2014 and went into administration in 2017. As well as serving in Australia, it also held licences to sell products in China and Vietnam. It was from 2016 to 2017 one of the two co-major sponsors of the

Brisbane Lions The Brisbane Lions is a professional Australian rules football club based in Brisbane, Queensland, that plays in the Australian Football League (AFL). The club was formed in late 1996 via a merger of the Melbourne-based 1883 foundation VFL c ...

History

The Camperdown Cheese & Butter Factory began operations in 1891, and CDI purchased the factory in 2014. CDI ran a fully integrated model, being one of the only producers in the world which owned its own farms, processing, and blending and packaging facilities. It was, at one point, one of only eight companies in Australia with a CNCA licence to export infant formula to China. In 2015, CDI secured a 15-year deal, worth $9 billion AUD overall, to sell infant formula to China with Hong Kong Food and beverage company Great Wall Capital Trading. In 2016, CDI announced their co-major sponsorship (with

Vero Insurance Vero Insurance is an Australian insurance company. Founded in 2003, it is one of the largest insurance companies in Australia. History In 1833, Alliance Insurance, a UK-based company, established an office in Australia, and wrote one of Austra ...

) with the

on a three-year contract, starting that season. In June 2017, Bellamy's Organic announced that it had purchased Camperdown Powder, a subsidiary of CDI, which included its CNCA licence and blending and packaging facilities in Victoria. Bellamy's chief executive Andrew Cohen explained that it would allow his company to now produce its own products and protect its sales channel into China. In July 2017, CDI was placed into administration after an $83 million collapse. It was announced that CDI would not sponsor the Lions for the third year of their contract, and the company was replaced as co-sponsor by Oaks Hotels & Resorts for the 2018 season.

References

{{Business in Australia, state=collapsed Australian brands Dairy products companies of Australia Companies based in Melbourne Food and drink companies established in 2014 Australian companies established in 2014 Food and drink companies disestablished in 2017 Australian companies disestablished in 2017