date:Sep 17, 2013
6 billion litres of milk from 1,000 Australian dairy farmers and employs approximately 2,000 people in regional Australia.
The benefits for each companys shareholders, many of whom are farmer supplier shareholders, are highly attractive, said Barry Irvine, Executive Chairman of Bega. Both groups of shareholders will access the synergies that can be realised by a successful merger, which we estimate will be $7.5 million per annum, he said.
Customers, dairy farmer suppliers and employees will als