News & Media: Ace Farming brings in US investor for new deals as dairy sector consolidates

Ace Farming brings in US investor for new deals as dairy sector consolidates

By Matthew Cranston | Australian Financial Review
Sun 18 June 2017, 9:00pm

Australia\'s largest mainland dairy farmer Ace Farming has brought in a major US-based investor to buy up two huge dairy farms in southern NSW, giving the industry a big boost of confidence following a difficult period for farmers.

Ace Farming has spent more than $15 million purchasing Balboora Farm in Finley as well as a large dairy farm at Blighty. The company will take over management of more than 2000 milking cows.

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Matthew Cranston was The Australian Financial Review’s United States correspondent

View the full original article at Australian Financial Review

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