Murray Goulburn Co-operative

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Murray Goulburn's FY results - 7 things to learn

Embattled Australian milk processor Murray Goulburn reported its full-year results this week. The company, which part-listed on the Australi...

Parmalat could milk Harvey Fresh in Oz, overseas

Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it...


Dean Best | 14 Nov 2013

Two of the bidders for Warrnambool Cheese and Butter Factory have this week made fresh offers for the Australian dairy. The focus now moves to the third suitor - Canadian dairy giant Saputo, which has long coveted an entry into the market and is eyeing the business as a way into Asia.


Katy Askew | 4 Nov 2013

The battle to acquire Warrnambool Cheese and Butter Factory has evolved into a complex series of tactical manoeuvres that could make Sun Tzu's The Art of War seem like light reading. Since the first takeover approach was announced, the tussle for WCB has seen industry majors Saputo, Murray Goulburn and Bega Cheese competing for ownership of the Australian dairy. With the stakes high, it is clear that it is all still to play for. Katy Askew reports.


Dean Best | 14 Jun 2010

As football lovers waited for the start of the World Cup in South Africa last week, a clutch of leading food companies set out their stall for overseas success.


Michelle Russell | 10 Jun 2010

Canadian dairy group Saputo said it remains ready for another acquisition, with the Australia market still on its radar screen.

Latest News

Katy Askew | 6 Jun 2017

Australian dairy cooperative Murray Goulburn is launching a "comprehensive" review that it said will look at "all aspects" of strategy and corporate structure.


John Shepherd | 2 Jun 2017

Australian dairy cooperative Murray Goulburn said today (2 June) it is scrapping some of its products later this year following its decision to close three processing sites.


John Shepherd | 16 May 2017

Australian dairy cooperative Murray Goulburn today (16 May) announced the appointment of David Mallinson as chief financial officer with effect from 1 June.


John Shepherd | 2 May 2017

Australian dairy cooperative Murray Goulburn today (2 May) said it will close three processing facilities with the loss of around 360 jobs as part of a raft of cost-cutting measures to combat the effect of falling milk supplies.


John Shepherd | 2 May 2017

Australia's competition watchdog has launched court proceedings against dairy giant Murray Goulburn – claiming the cooperative "engaged in unconscionable conduct and made false or misleading representations" that "adversely impacted" many farmers.


Katy Askew | 20 Mar 2017

Australian dairy cooperative Murray Goulburn has announced the appointment of John Spark as chairman.


Katy Askew | 3 Mar 2017

Commenting on topics as diverse as sugar reduction, job cuts and M&A, here is a summary of the food industry's week in its own words. 


John Shepherd | 1 Mar 2017

Australian dairy processor Murray Goulburn has declined to comment on reports it is preparing to close up to four of its processing plants, but has confirmed that a "review of its assets and distribution network" is under way.


Dean Best | 24 Feb 2017

Murray Goulburn, the embattled Australian dairy processor, ran up a loss of AUD32m in the first six months of its financial year, hit by lower sales from both sides of its business.


Dean Best | 12 Dec 2016

Murray Goulburn, the Australian dairy cooperative, has appointed Ari Mervis, an executive who has worked in the beer and soft drink industries for over 20 years, as its new CEO and managing director.


Dean Best | 7 Dec 2016

Murray Goulburn's interim CEO, David Mallinson, has said the Australian dairy group is still looking to invest in infant formula production despite regulatory changes in China leading to the plug being pulled on plans to work with Mead Johnson on selling into Asia.


Dean Best | 5 Dec 2016

US infant formula producer Mead Johnson and Australian dairy group Murray Goulburn have pulled the plug on their plans to work together in Asia Pacific.


Dean Best | 23 Nov 2016

Murray Goulburn has announced the resignation of COO Fiona Smith, with the Australian dairy cooperative deciding not to look for a replacement.


Katy Askew | 20 Oct 2016

Embattled Australian dairy processor Murray Goulburn has lowered its expectations for its full-year profits after cutting its forecast milk intake for the period. 


Dean Best | 5 Oct 2016

Murray Goulburn, the Australian dairy group, has said it is weighing up its plans to build a nutritional powders plant at its site in Koroit in the south-east of the country.


John Shepherd | 8 Sep 2016

A new brand of Australian milk that guarantees a fixed-price contribution from every bottle sold is paid into the Victorian Farmers Federation's (VFF) new Farmers' Fund goes on sale at Coles supermarkets in the state this week.


Katy Askew | 24 Aug 2016

Embattled Australian dairy processor Murray Goulburn today (24 August) booked a jump in annual profits, despite a difficult 12 months that saw the company cut payments to its farmer-owners, issue a series of profit warnings and announce the departures of its MD and CFO.


Dean Best | 1 Aug 2016

Murray Goulburn has lost contracts to supply cheese, UHT milk, adult milk powder and cream to Woolworths Ltd, Australia's largest grocer.


John Shepherd | 10 Jun 2016

Murray Goulburn today (10 June) appointed Alan Tilley as interim chief financial officer to join the troubled Australian dairy cooperative's executive leadership team.


Katy Askew | 18 May 2016

Struggling Australian dairy cooperative Murray Goulburn has announced a number of changes to its leadership team, including the appointment of Fiona Smith as chief operating officer, following a series of profit warnings issued by the group. 


Katy Askew | 29 Apr 2016

Murray Goulburn, the Australian dairy cooperative partially listed on the ASX, is facing a class action lawsuit following this week's profit warning over allegations that it "mislead" the market with "overly optimistic" profit expectations. 


Katy Askew | 27 Apr 2016

Dairy cooperative Murray Goulburn, which is partially listed on the Australian stock exchange, again lowered its profit forecast today (27 April) amid "very low" commodity prices and concerns over trading in China. 


Dean Best | 27 Apr 2016

Murray Goulburn MD Gary Helou and CFO Brad Hingle are to step down from the Australian dairy co-operative, the company announced today (27 April), alongside a profit warning and a move to cut the price it pays farmers for milk.


Hannah Abdulla | 22 Apr 2016

Murray Goulburn has placed a trading halt on shares as the Australian dairy co-operative weighs up the impact of market conditions on its forecasts for the 2015/2016 financial year.

Latest blogs

Dean Best | 28 Aug 2016

just-food is closed on Monday (29 August) for a public holiday but, while we down tools, catch up on some must-read insight and interviews.


Dean Best | 11 May 2016

Talking with our readers, a common problem among them is their battle to keep tabs on the changes to regulations in China. And the recent moves Beijing has made to revamp its rules around e-commerce have brought that concern into sharp relief.

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