Brief: Saputo Dairy Australia Welcomes ACCC Inquiry Decision

Saputo

01/12/2023 01:06

Dec 1 (Reuters) - Saputo Dairy Australia:
    * WELCOMES ACCC INQUIRY DECISION
    * SDA RETAINS ITS DIRECT MILK SUPPLY AGREEMENTS WITH FARMERS
    * WILL  CONTINUE  TO  HAVE  FRESH  MILK PRODUCTS  PROCESSED 
AT 
THE  TWO MANUFACTURING FACILITIES
    * APPROXIMATELY 48 ROLES ACROSS TWO SITES WILL TRANSFER TO
COLES
GROUP UPON COMPLETION OF  THE SALE PROCESS
    * THERE WILL ALSO BE NO CHANGES TO CO’S VALUED FARMER
RELATIONSHIPS AFTER ACCC DECISION

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