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23/04/15
07:04
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Originally posted by swami2
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Seems the Australian is now reporting the sale of UDP's cheese franchise Caboolture Cheese has been bought by Murray and Goulburn.
The sale includes some processing equipment.
Not sure where that leaves Probiotic and their whey supply.
M&G have been stating for a while that they intend to move to higher value dairy products. PBP might be left in the cold.
No news of whats happening to the milk supply.
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Looks like the protein plant is dead.
http://www.abc.net.au/news/2015-04-22/murray-bridge-udp-milk-plant-closure-receivership/6412384
Company should be making an announcement today.
This was a lucrative part of the business that entailed a whole lot of debt.
I hope the financiers are in a generous and patient mood.