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Thai cheese: SA producer's Asian mozzarella move
A South Australian dairy firm has sold a $10m stake in its business to a major Thai food importer and developed a speciality cheese in a bid to stretch Asian sales.
A South Australian dairy firm has sold a $10m stake in its business to a major Thai food importer and developed a speciality cheese in a bid to stretch Asian sales.
Dairy and meat company Beston Global Foods has blamed a $21.87 million net loss for the 2020-21 financial year on reliability issues with its Jervois mozzarella plant, export delays and sluggish demand from the Australian food services sector during lockdowns.
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