Good acquisition to add some more scale to the Dairy division. For those who haven't been on the website, looks like a strong brand - https://bettamilk.com.au/ Nice reaction from the market as well, with some solid buying, which appears to have broken the downtrend in the short term. The spare capacity could be very helpful and effectively saves us investing in a new facility. I am not convinced about the Van Diemen's Land brand being used internationally, not sure many Chinese would know the reference, I would have thought they are better off using the Tasmanian Food Company brand overseas and using VDL domestically, but as with anything it will depend on the execution.
TFL Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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