AsureQuality mum on reported talks to buy out DTS partners

Fri, 04 Dec 2015

By Paul McBeth Dec. 4 (BusinessDesk) - AsureQuality, the state-owned food safety and biosecurity services firm, is staying mum on reports it's in talks to buy out its partners in Australia's Dairy Technical Services. The Australian Financial Review's 'StreetTalk' column, citing unnamed sources, reported Melbourne-based DTS is in talks with 25 percent shareholder AsureQuality over a potential buyout, valuing the food and beverage testing business at between A$80 million and A$100 million. DTS's other shareholders include Fonterra Cooperat...

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