Listed Companies

Fonterra sells Dennington site to ProviCo

Rebecca Howard
Tue, 03 Mar 2020

Fonterra sells Dennington site to ProviCo
Rebecca Howard
Tue, 03 Mar 2020
Fonterra Australia has agreed to sell its shuttered Dennington factory to ProviCo Australia for an undisclosed sum. “Since we announced the factory’s closure in May, we’ve been working with potential buyers to find a commercially viable and sustainable future for the site," Fonterra Australia managing director Rene Dedoncker said. "We’re pleased to be selling the factory to ProviCo with all of its operational capabilities and assets intact.” The deal is expected to be completed by April 22.ProviCo manufactures a range of animal nutrit...

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