Open Country finalises acquisition of Miraka Limited
Open Country Dairy has finalised a deal to acquire 100% of Miraka.
Open Country’s new automated butter plant began churning out butter last month.
And Milking It understands that the country’s second largest milk processor has already locked in a major customer – Costco Global in the US.
With Costco NZ – with turnover of around $360 million – buying its butter from Westland Milk in Hokitika, Open Country has gone for the big prize. Costco Global owns over 828 warehouse stores, mostly in the US, plus some in Canada and Mexico.
Owned by the Talley’s Group, Open Country Dairy butter could soon be appearing on Costco shelves in North America.
Read More:
- Open Country finalises acquisition of Miraka Limited
- Open Country Dairy prepares to launch first commercial butter
- Strong growth for Yili's NZ operations
