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Tasmanian government threatens foreign owner with nationalisation to save iconic dairy brand - Daily Telegraph NZ

Summary by Daily Telegraph NZ
Image – King Island Dairy. The Tasmanian government has issued a stern warning to Canadian dairy giant Saputo, accusing the company of prioritising market dominance over the survival of the iconic 120-year-old King Island Dairy. The brand, known for its premium brie, camembert, and cheddar cheeses, is the largest employer on the remote island with just 1,600 residents. Saputo acquired the brand in 2019 and announced plans to shutter its operatio…
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