Pack and Blend CNCA's, page-5

If Bellamy's buys Blend and Pack who else is using that facility and can they be forced out. Id assume they would have a contract. Could be a bidding war for Blend and Pack. http://blendandpack.com.au/

http://www.theaustralian.com.au/bus...s/news-story/1a0c18ee471d47547eb263d0d9fc2170

“With no sales growth, an inventory blowout, declining gross margins, adverse channel mix and a poor balance sheet, we see the FY17 PE multiple of 25 times as unreasonably high,” broker Ord Minnett said.

Bellamy’s will need its Fonterra blends put into its cans at Melbourne’s Blend and Pack