NewsBite

Bellamy's Australia

June 2023

Bubs Australia’s ousted chief executive Kristy Carr, with truckloads of formula.

A2’s Peter Nathan could take Bubs back to the future

No wonder Lin and Carr are keen on Nathan. He’s seen it all before and is unlikely to disagree on their strategy.

  • Myriam Robin

August 2022

Walter Bugno, boss of pokies operator IGT International. 3 September 2015. afr photo by Peter Braig.

New kid on the block Care A2 Plus mulls ASX listing

The infant formula start-up was thrust into the limelight after gaining a tick from the US regulator in early July to supply millions of tins to a stretched market.

  • Carrie LaFrenz
Wenjun Zhang.

a2 Milk’s top corporate daigou is no longer buying

Andy Zhang says a2 Milk, which has cut his allocation of baby formula, has lost sight of the power of the smaller daigou. He’s now turning to Bubs Australia.

  • Carrie LaFrenz

April 2022

Jon Adgemis and Jan Cameron.

Inside the falling out between the rock-star banker and eco-warrior

Kathmandu founder Jan Cameron and her adviser, Jon Adgemis, were one of Australia’s oddest friendships. After a decade, they had a vicious falling out. Why?

  • Carrie LaFrenz and Max Mason

November 2021

Jan Cameron’s legal team is making closing arguments in ASIC’s case against her.

Jan Cameron had to be aware of details to disclose holding

ASIC has failed to prove Jan Cameron’s awareness or control over a complex scheme designed to keep a shareholding in Bellamy’s Australia private, her lawyers say.

  • Max Mason
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Jan Cameron has faced a criminal case brought by ASIC.

Cameron ‘should have revealed Bellamy’s link’ even without details

Lawyer makes final arguments in ASIC’s case that she failed to disclose her connections to Black Prince Private Foundation, the biggest investor in Bellamy’s.

  • Max Mason

October 2021

Jon Adgemis was formerly KPMG's king of deals and adviser to Jan Cameron.

Document was altered after my signature: Jon Adgemis

The prosecution led by Lincoln Crowley QC rounded out the corporate watchdog’s witnesses on Monday in the criminal trial brought against Jan Cameron.

  • Carrie LaFrenz and Max Mason
Former adviser to Jan Cameron, Jon Adgemis, established Black Prince in 2012.

ASIC’s star witness in Jan Cameron case scant on details

Jon Adgemis says he was not involved in the formation of a company that lent money to Black Prince – the largest investor in Bellamy’s Australia.

  • Carrie LaFrenz
Jan Cameron arrives at the Hobart Magistrates Court with her lawyers on the first day of her ASIC trial.

ASIC says Black Prince was ‘revived’ to hold Jan Cameron’s holding in Bellamy’s  

The prosecution alledges that a Malaysian company lent money to Black Prince on certain terms, which were changed after the listing of the baby formula player on the ASX.

  • Carrie LaFrenz
Kathmandu founder Jan Cameron’s ASIC trial is due to start this week and could last up to four weeks.

Snap lockdown delays Jan Cameron criminal hearing

The founder of Kathmandu retail pleaded not guilty to charges laid by ASIC which alleges she failed to disclose her links to the Black Prince Private Foundation.

  • Carrie LaFrenz

August 2021

Vitrafy CEO and co-founder Sean Cameron with co-founder and head of R&D, Brent Owens.

Vitrafy taps IVF pioneer John McBain as scientific advisory board chair

The IPO hopeful has developed a technology to deliver precise and consistent results when cryopreserving biological materials.

  • Carrie LaFrenz

July 2021

Jan Cameron is in a legal fight over $5.5 million with Nature One Dairy.

Jan Cameron’s $5.5m legal battle with Nature One Dairy

The Tasmanian entrepreneur was the key backer of the baby formula group and claims it owes her for redeemed convertible notes and interest after a falling out.

  • Carrie LaFrenz

June 2021

Hobart's run of strong price growth will end in 2020, says Anna Porter.

Corporate dramas resurface in Tasmania

Jan Cameron-backed TasFoods has two new directors, while former Coke boss Alison Watkins has secured the chancellor role at the University of Tasmania.

  • Tom Richardson
Sean Cameron, Vitrify CEO and co-founder (left), with co-founder and head of R&D, Brent Owens, who was also MasterChef 2014 winner

Former Bellamy’s chairman backs cryopreservation company

Rob Woolley has popped up as a major shareholder and chairman of Vitrafy Life Sciences, which has raised $7.9 million capital ahead of an anticipated public float.

  • Carrie LaFrenz

May 2021

Jan Cameron.

Jan Cameron back nibbling at Tassie food industry

A director at Jan Cameron-backed TasFoods received a 49.5 per cent no vote last week, with its chairman forced out the door last June.

  • Tom Richardson
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November 2020

Andrew Cohen, a former Bain & Company partner, said the decision to join BGH Capital and run the medical centres was quick since he already knew the team.

Ex-Bellamy's boss tapped to run former Healius medical centres

Andrew Cohen has jumped from baby formula to healthcare, running BGH Capital's new investment – but there is a steep learning curve ahead.

  • Carrie LaFrenz
Health More COO Jeremy Hunt says retail daigou are moving to social e-commerce platforms like Pindoudou, where they don't have to buy any stock.

Where the retail daigou are now

Traditional personal shoppers who would empty supermarket shelves have moved online instead, according to a former Swisse vitamins executive who now helps run one of the biggest distributors to the daigou channel.

  • Carrie LaFrenz

September 2020

Bruce Mathieson Snr has become a  shareholder in Lark Distilling Co.

Rich Lister pubs baron buys into Lark whisky dream

Bruce Mathieson Senior has taken a stake in the rebadged Lark Distilling Co which has almost doubled in value since the pandemic began.

  • Simon Evans
Millionaire businesswoman Jan Cameron has pleaded not guilty to the ASIC charges.

ASIC witness in Jan Cameron case pursued her in Caribbean court

Cameron reiterates her not-guilty plea to criminal charges laid by the Australian Securities and Investments Commission.

  • Updated
  • Carrie LaFrenz

August 2020

Former KPMG rainmaker Jon Adgemis.

Jan Cameron's former adviser alleges their lawyer forged a letter

In February when most of Australia was getting over the bushfires and hearing rumblings of a virus coming from China, court action was brewing in the Dutch island of Curaçao.

  • Carrie LaFrenz

Original URL: https://www.afr.com/company/bal-90