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Murray Goulburn to acquire Warrnambool Cheese and Butter for $404m
date:Oct 21, 2013
Australias largest dairy co-operative, Murray Goulburn Co-Operative Co. Limited (Murray Goulburn) has launched a A$420m ($404m) bid to acquire Warrnambool Cheese and Butter (WCB).

The proposal would create one of the largest Australian owned food and beverage businesses and a globally competitive dairy company controlled by farmers.

The combined business is expected to have milk supply of more than four billion liters in 2014 with annual revenues in excess of $3.2bn, placing it among the top 2

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