Dairy giant Bonlac’s 50% stake in Classic Foods has been bought back by the Tasmanian dairy company.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


“The buyback deal with Bonlac is an amicable one that includes a long-term milk supply agreement and ensures continued growth in the company,” managing director of Classic Foods, Bob Wilson, was quoted as saying by the Hobart Mercury.


Wilson also said that Classic Foods would continue to invest in plant and equipment during 2003, and would continue to source its milk from Tasmanian Bonlac suppliers, reported the Hobart Mercury.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now