Fonterra's A$19.2m cheese buy

Wed, 16 Sep 2020

Fonterra's Australian unit has agreed to buy a Victorian cheese processor for A$19.2 million, subject to regulatory approvals. The dairy giant said the purchase of Dairy Country would "help drive efficiencies in its Australian cheese business.“For some time we have been looking to bring more of our secondary cheese processing in-house to gain greater end-to-end control over a range of different cheese products and further strengthen our integrated supply chain, said Fonterra Australia managing director Rene Dedoncker. &...

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