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King Island Dairy, facing closure, is saved by new Australian owners, securing jobs and operations.
King Island Dairy, a century-old specialty cheese maker on Bass Strait island, has been saved from closure by a last-minute sale to King Island Dairy 2 Pty Ltd.
The new owner, led by two experienced Australian businessmen, will take over the dairy facility, brand, and two local farms.
The transaction, expected to complete by mid-2025, ensures the continuation of operations and offers preserved jobs to employees.
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King Island Dairy, frente al cierre, es salvado por nuevos propietarios australianos, asegurando empleos y operaciones.