Murray Goulburn to acquire Warrnambool Cheese and Butter for $404m
date:Oct 21, 2013
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Murray Goulburn chairman Philip Tracy said this is an historic opportunity for Murray Goulburn and WCB suppliers and shareholders to create a larger scale, globally competitive Australian dairy food company owned and controlled by Australian dairy farmers.

Importantly, it will retain the primary objectives of a co-operative in maximising farm gate returns for farmer owners, Tracy added.

It will also support on-farm and industry investment, and in turn grow the Australian dairy industry
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