Business
Dairy farmers back Tanarra bid for Lion dairy business – Sydney Morning Herald
A key dairy farmer co-operative has backed a bid by Tanarra Capital for the Lion dairy and drinks business, saying it supported Tanarra’s expansion plans.
He said no competition issues would arise from a successful Tanarra bid, especially in regard to milk prices paid to farmers. But he said the co-operative had ongoing concerns about the prospect of further consolidation in the Australian dairy industry, which is something that would occur if an existing dairy player such as Bega or Saputo won the battle for the Lion dairy business.
The Lion business includes long established, big-selling brands such as Dairy Farmers, Big M, Pura, Daily Juice and…
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