Wednesday, 19 February 2025 11:25

No buyers

Written by Milking It

font size decrease font size increase font size
Print
Email

OPINION: Australian dairy is bracing for the retirement of an iconic dairy brand.

Saputo Dairy Australia (SDA) announced last year the retirement of its King Island Dairy brand, after being unable to find a buyer for the 132-year-old brand and its current facility.

Over the past year, SDA has sought to maximise value for the business looking for commercial and financial alternatives for King Island Dairy, including a potential sale to a third party. The business employs 58 people and is the single biggest employer on the island which only has a population of 1,600.

Is this a good omen for Fonterra as it tries to sell off its Australian consumer business that includes some of the top dairy brands across the ditch?

More like this

Fonterra's Whareroa Wins Directors Award

Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.

Dairy Holdings CEO Colin Glass Retires After 25 Years of Growth

After 25 years it is the right time to step away, says Colin Glass, the retiring chief executive of New Zealand's largest private corporate dairying company, Dairy Holdings.

Fonterra Expands China Foodservice Business with New Anchor Essence Cream

Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.

Smith V Fonterra

OPINION: To a chorus of crying greenies, and not a minute too soon, the Government has moved to put the courts back in their place through proposed amendments to the Climate Change Response Act 2002, intending to limit climate litigation claims such as Smith v Fonterra, in the interests of providing greater certainty for vital industry.

Fonterra Opens 2026/27 Milk Price Forecast At $9.75kgMS

For the third season in a row, Fonterra farmers are in for a farmgate milk price near $10/kgMS.

Featured

Rabobank AgPathways Programme Helps Young Farmers Build Business Skills in Whanganui

37 farmers from across the Rangitīkei and Manawatū regions recently spent a day-and-a-half learning new business management and planning skills at Rabobank’s latest AgPathways Programmes in Whanganui.

Seven New Zealand Catchment Groups Awarded Westpac Water Care Grants for 2026

Seven catchment groups across New Zealand have been awarded $10,000 grants as part of the Westpac Water Care Project.

Equine Vets Urge Vigilance as Strangles Outbreak Hits North Island Horse Properties

Equine veterinarians say horse owners need to stay alert and communicate with their vets following an outbreak of the highly contagious bacterial disease Strangles in the North Island.

New Research Reveals How Kiwis Really Like Their Hot Chips

New nationwide research has revealed exactly how Kiwis like to enjoy hot chips, with a simple sprinkle of salt coming out on top.

David Seymour Criticises Rural Women NZ Over Submission

Deputy Prime Minister and ACT Party leader David Seymour says advocacy group Rural Women New Zealand (RWNZ) has submitted against a controversial bill without consulting its members.

How New Zealand Apple Growers Won India Market Access

Eighteen months ago, when negotiations for a free trade deal with India were announced, New Zealand apple growers expressed their desire to be part of the deal.