date:Jan 17, 2014
uto paid for Warrnambool is very high and we wait to see how they are going to justify that price, Topy said.
With plentiful milk resources and the technology to make advanced health-promoting products from them, Australia's dairy businesses remain in demand for companies keen to serve Asia's growing appetite.
Earlier this week, China's Bright Food (Group) Co Ltd said it had agreed to buy Australian cheese and yoghurt producer Mundella Foods. The small, privately-held company specialises in pr