Connect with us

General

The closely watched Van Dairy is now selling core farms | The Land

Published

on

ADVERTISEMENT

The controversial Van Dairy group in Tasmania continues to shrink in size.

Van Dairy, formerly Moon Lake Investments and Van Diemens’ Land Company before that, has attracted a lot of attention over its foreign ownership and farm operations.

The company milks more than 11,000 cows across 17,000 hectares as one of Australia’s biggest and oldest dairy operations producing more than 100 million litres of milk annually.

Van Dairy has sold the 900 hectare Harcus Dairy which is part of the key Woolnorth group of properties on the north-western tip of Tasmania.

Although the sale price has not been disclosed, the owner of Van Dairy, the Chinese businessman Xianfeng Lu, bought Woolnorth in 2016 for $280 million.

The Chinese billionaire is also the…



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending