Fonterra's Dennington factory sold to animal nutrition company ProviCoFonterra Australia has sold its mothballed milk power plant at Dennington in Western Victoria to an animal nutrition company. The co-op has signed a sale and purchase agreement with ProviCo Australia, with the sale to be completed by April 22. Fonterra Australia managing director René Dedoncker said the sale was good news for Dennington and its surrounding community. Managing director of ProviCo Australia, Andrew Paterson, said the sale would create new jobs for the Dennington community and provide environmental benefits for the agriculture industry. SUPPLIED Fonterra Australia managing director Rene Dedoncker says the sale creates a new chapter for the century-old factory.

Source: Stuff April 06, 2020 00:33 UTC