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William Hui to purchase Australian milk supplier for $70m
date:Feb 04, 2014
William Hui, a Hong Kong-based investor, has entered into a sale agreement for the purchase of Australian milk supplier United Dairy Power (UDP) for $70m.

United Dairy supplies milk and dairy ingredients to cheese companies and domestic retailers of milk products. The company receives, processes, and delivers milk to local city milk, cheese, and yogurt factories.

Following the acquisition, Hui will own three UDP dairy-processing plants in Poowong, Victoria and Murray Bridge and Jervois in Sout

12/22 05:02