New Dairy JV for Australia

AUSTRALIA - Warrnambool Cheese and Butter (WCB) and National Foods (NF)have formed a joint venture named Australian Cheese Company Pty Ltd (ACC), to operate the cheese business of Dairy Farmers.
calendar icon 31 December 2008
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ACC will be owned 50:50 by NF and WCB, and will own and operate the retail cheese assets of Dairy Farmers that was acquired by National Foods in November, according to Infarmation.

ACC will own Dairy Farmers' cheese brands including Coon, Cracker Barrel and Mil Lel. It will also operate the cheese manufacturing, cutting and wrapping facilities of Dairy Farmers at Allansford, Simpson and Jervois. Cheese manufactured at the Malanda milk factory will be supplied to ACC.

WCB will provide management services in relation to the cheese manufacturing, cutting and wrapping facilities at Simpson, Allansford and Jervois. These services will include operation of WCB will continue to supply bulk cheese from its Allansford plant will continue to supply milk to the Simpson plant, both on similar terms as currently supplied.

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