Murray Goulburn to close three plants

Murray Goulburn to close three plants

Murray Goulburn, the Australia-based dairy cooperative, has received "approaches" for three plants the company plans to close over the next two years.

Following a review of its manufacturing network, the co-op announced last month it planned to shut two facilities in Victoria and one in Tasmania.

Last week, The Australian newspaper said Murray Goulburn had attracted offers of up to AUD60m from companies interested in buying one or all of the sites.

The newspaper also claimed the co-op planned to remove processing equipment from the plants to use at factories it will keep.

Speaking to just-food, a spokesperson for Murray Goulburn said: "Our immediate focus is on assessing which plant and equipment can be transferred to alternative MG sites to continue or improve production. Once this assessment process has been completed, we will be in a position to better consider future options for the sites. Longer term we are not intending to mothball the sites and we have been approached by parties interested in the sites.

"Maximising value to MG and its shareholders remains a key focus in considering future options for the sites and any decision is subject to management and board approval."