Fonterra Australia has today announced its intention to sell its Wagga Wagga business to Blue River Group. Both parties entered into exclusive negotiations resulting in the signing of a Sale Agreement.
Fonterra to sell Australian yoghurt dairy desserts business
Fonterra Co-operative Group Limited has today announced the intention to sell its Australian yoghurt and dairy dessert business to Parmalat Australia Pty. Ltd. Both parties entered into exclusive negotiations which have now culminated in the signing of a sale agreement.