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Saputo completes acquisition of Murray Goulburn

Saputo has announced that it has acquired the activities of Murray Goulburn,  Australia's largest dairy company. The Canadian dairy giant said the A$1.31 billion debt-free transaction...

MG sells its Edith Creek facility to Dutch Mill

Murray Goulburn (MG) has reached an agreement to sell its Edith Creek facility in Tasmania to Dutch Mill Australia, a local subsidiary of Thailand’s...

Saputo to acquire Murray Goulburn for A$1.3bn

Canadian dairy giant Saputo has struck an agreement to purchase Australia’s biggest diary processor, Murray Goulburn (MG) for A$1.3 billion. MG, which produces a full...

Murray Goulburn confirms sale of Kiewa Country Milk brand

In a statement issued yesterday, Murray Goulburn confirmed the sale of its Kiewa Country Milk brand to a “local business”. “MG is pleased to announce...

Murray Goulburn to close three manufacturing facilities in Australia, hundreds of jobs to go

Murray Goulburn (MG) announced that it will close its manufacturing facilities at Edith Creek, Rochester and Kiewa over the next two years, resulting in...

MG reports rise in first half profits despite challenging conditions

Murray Goulburn (MG) has enjoyed a positive first half of 2016 despite feeling the effects of low global commodity prices and the oversupply of...

MG loses $108m Woolworth deal

Murray Goulburn (MG) announced that Woolworths has selected a new supplier to manufacture and pack a range of its private label products including cheese,...

Bega Cheese announces 2016/17 farm gate milk price

Australian dairy company Bega Cheese has released its opening farm gate milk prices for the 2016/17 financial year. The company has cut the farm gate...

MG appoints interim Chief Financial Officer

Murray Goulburn (MG) has announced the appointment of Alan Tilley to the position of interim Chief Financial Officer, effective Tuesday, 14 June 2016. Mr Tilley,...

Coalition Government announces $579m support package for Australian dairy farmers

A $579 million support package to help Australian dairy farmers affected by Fonterra and Murray Goulburn’s decision to slash prices has been announced by the Coalition...
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