Latest Dairy Farmers Stories
Kirin, the Japanese brewer, is expanding its food business in Australia through the acquisition of Dairy Farmers by its National Foods division. The acquisition, for 910 million Australian dollars, or $780 million, is intended to help it diversify away from a shrinking domestic market for beer.
National Foods has announced that it will acquire all of the shares in Australian Co-operative Foods, which trades as Dairy Farmers, for a cash consideration of A$5.65 per share. This equates to an enterprise value of A$910 million for the cooperative.
Tokyo, Aug. 25 (Jiji Press)--Major Japanese beverage company Kirin Holdings Co. said Monday that Melbourne-based wholly owned subsidiary National Foods Ltd., Australia's biggest dairy company, will purchase second-ranking Sydney-based Dairy Farmers.
By james knock Gloucestershire farmers fear they will become pawns in a bitter price war between supermarkets as the battle to win back customers escalates. Major supermarkets have announced a new round of price cuts in an attempt to lure consumers away from budget stores such as Aldi and Lidl.
John Bluett believes most dairy farmers will find value in new guidelines aimed at helping them with the Resource Management Act (RMA).
CHEESE and milk producer Dairy Crest said yesterday it was continuing to pass on higher milk costs to customers as inflationary pressure showed no signs of abating.
Cheese and milk producer Dairy Crest is continuing to pass on higher milk costs to customers as inflationary pressure showed no signs of abating.
THOSE in the tractor parts supply business are enjoying busy times too, says Kevin Lowe (Stratford) the owner of Taranaki Tractor Dismantlers Ltd. "I'm run off my feet at the moment but I don't know whether that's because of the record dairy payout or other factors," he says.
In an attempt to obtain the clearance to bid for Dairy Farmers, National Foods has offered to sell two milk processing plants. National Foods has proposed to make a joint bid with Warrnambool Cheese and Butter Factory for Dairy Farmers, which is valued at up to A$1 billion.
NEW ZEALAND dairy co-operative Fonterra and National Foods are working together on a possible joint bid for Australia's Dairy Farmers, the dairy producer said.
- A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.