The transaction was executed through the co-op's Arla Foods Mayer Australia venture.
Arla Foods has today (Wednesday, May 20) announced that it has acquired Australian cottage cheese producer, Brancourts.
Arla Foods has bought out a leading Australian cottage cheese brand, strengthening its presence in the country.
The deal creates “the largest dairy cooperative in Europe”, with combined pro-forma revenue of more than €20bn ($23.2bn).
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Arla Foods has acquired an Australian cottage cheese producer, coinciding with plans to significantly expand production capacity.