Bega Cheese buys Koroit milk-drying facility from Saputo

Bega Cheese has won the race to acquire Saputo’s Koroit processing facility in western Victoria for $250 million. The deal was brokered after the Australian Competition and Consumer Commission (ACCC) required Saputo to sell the plant as part of its takeover of Murray Goulburn, to increase competition for milk in south-west Victoria. Bega Cheese executive […]