ASX-listed Clover Corp takes 'fairly significant steps' to seize control of Melody Dairies

Melody Dairies' plant outside Hamilton. (Image: Google)

Fri, 24 Nov 2023

The Australian outfit, which formed a joint venture with the state-owned farmer to fund a Waikato spray drying operation, says it’s taken “fairly significant steps” to take control of the business.Four years ago, Melody Dairies was set up by Clover Corporation and Landcorp (Pāmu), as well as an entity connected to the now-collapsed Dairy Nutraceuticals, to fund, build and run the $50 million dryer.FoodWaikato, which is owned by the Hamilton city council, set up the first dryer nearly 10 years ago with Callaghan Innovation...

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