You are entering Dairy Farmers country, Wave (goodbye) to a cow today

Is nothing sacred! Another quiet little achiever looks set to pass from Aussie hands.

It is becoming harder and harder to Buy Australian.

 

"NATIONAL Foods, the Japanese company behind the Pura, Yoplait and King Island Dairy brands, has applied for regulatory approval to acquire NSW co-operative milk processor Dairy Farmers.

The application for clearance from the Australian Competition and Consumer Commission is the first official confirmation of NatFoods' interest in Dairy Farmers, which has demanded all potential bidders submit to strict confidentiality agreements.

Dairy Farmers, which is owned by about 2000 primary producers, yesterday described NatFoods as "the first of a number of parties interested in acquiring or merging with the business" to have commenced the official approval process.

The ACCC has called for submissions from interested parties by May 2.

It proposes to announce its decision by June 12."