French food giant Danone is to enter the Australian market through a dairy products venture with local milk co-op Murray Goulburn.
Products from the venture are scheduled for launch next year but Murray Goulburn MD Stephen O’Rourke said on Friday (14 May) the companies could “enter the Australian yoghurt market with confidence”.
The venture will use Murray Goulburn’s site at Kiewa in north-east Victoria and is expected to boost jobs at the facility.
For more on Danone’s views on the venture, click here.