Award-winning cheese manufacturer King Island Dairy could be sold by owner Saputo

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Award-winning cheese manufacturer King Island Dairy could be sold by owner Saputo
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Award-winning cheese manufacturer King Island Dairy could be sold amid a review by owner Saputo of operations on the remote outpost. Saputo’s “strategic review” of its King Island Dairy facilities will consider “commercial and financial alternatives”, including a potential sale. Dairy giant Saputo purchased King Island Dairy, which makes highly acclaimed blue, cheddar, brie and Camembert speciality cheese, in 2019.

“We remain focused on maximising our return for every litre of milk to further enhance position as a high-quality, low-cost processor in Australia,” Saputo president and chief operating officer Leanne Cutts said in a statement on Wednesday. “As King Island Dairy’s historic roots are deeply embedded in the region, we hope to find a buyer for the facility to ensure the continued success of its renowned speciality cheese products.

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