Archer Capital-owned DairyWest buys Brownes from Fonterra
Archer Capital-owned Australian dairy player DairyWest is set to acquire Perth-based dairy producer Brownes from sector giant Fonterra for an undisclosed price.
The transaction may be complete as early as 2011, and comes as Fonterra, the New Zealand-based conglomerate responsible for 30% of the world's dairy exports, says Brownes would benefit for a more regional...
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