This strategic partnership marks a milestone in Nutifood’s global expansion, making it the first Vietnamese company to co-found an Australian dairy brand.
This partnership aims to boost food security and improve cattle production.
The plant is poised to produce a range of bio-based materials, including building block ingredients for food.
Output will include fresh and semi-hard cheeses in various flavours.
This deal is expected to accelerate the growth of the sheep dairy industry in New Zealand while providing Mengniu with premium milk resources.