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 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.

Fonterra Lifts FY26 Earnings Forecast After Strong Q3 Performance

Fonterra has lifted and narrowed its full year forecast earnings range to 60-70 cents per share after a strong quarter, supported by robust milk production, strong shipment volumes and continued demand across its Ingredients and Foodservice businesses.