AHF 0.00% 1.9¢ australian dairy nutritionals limited

Next Announcement impact on SP

  1. 13,079 Posts.
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    AHF is waiting an important annc. re. confirmation of their purchase:-

    Binding agreement to buy Camperdown Dairy Company from Aussie Farmers Direct.
    Acquisition creates ASX’s first vertically integrated dairy producing and processing and exporting company.
    Consideration of $11m to be funded by AHF cash reserves and bank facilities.
    Camperdown Dairy Company (CDC) is an established dairy processing business located in South West Victoria, Australia near AHF’s existing dairy farms.
    The growing customer base includes processing premium milk products for Woolworths and Aussie Farmers Direct.
    CDC is one of the few Australian dairy companies with certification for rapid clearance of fresh milk into China – 7 days from farm-gate to retailer in China.
    CDC management team has more than 100 years combined dairy industry experience and will continue to manage CDC post acquisition.


    Acquisition expected to be completed by the end of January 2016.

    Once confirmation of the purchase is announced what impact on the SP will this have?
 
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