date:Sep 16, 2013
Australia-based Raleigh Dairies and Lactanz Dairies have been put up for sale, following lower fresh milk prices.
The sale of Raleigh Dairies and Lactanz Dairies is expected to fetch around $20m and $30m respectively.
Raleigh Dairies has 2000 cattle across two farms, including North Bank Dairy and Yellow Rock Dairy, while Lactanz Dairies has advanced properties that are spread over an area of about 2200ha.
Colliers International Rural Agribusiness has been roped in for the transaction.
Comm