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Lion sells Australian cheese business

Warrnambool expects to close the deal by the end of May.

Nevil Gibson for NBR Food Industry Week
Thu, 12 Mar 2015

Lion Dairy & Drinks has sold its cheese business in Victoria to Warrnambool Cheese & Butter Factory $A137.5 million in cash. 

Warrnambool says the acquisition will allow it to increase its presence in the branded cheese market, and expects to close the deal by the end of May.

The Lion cheese

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Nevil Gibson for NBR Food Industry Week
Thu, 12 Mar 2015
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Lion sells Australian cheese business
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