Australia’s Dairy Farmers is to begin meeting with farmers to discuss changing from a cooperative to a company and eventually listing on the stock market.
Go deeper with GlobalData
“It’s the first step on the path of changing from a cooperative to a company, which could then list on the stock market,” Dairy Farmers spokesman Stuart Silver told Reuters.
Silver said Dairy Farmers plans to submit official documents to the Supreme Court in New South Wales next month, with the intention of putting the proposal to its farmer members by 30 June.
Dairy Farmers is the second-largest fresh milk producer in Australia. National Foods holds the top position, while Parmalat Australia is in third place.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
