Pyengana Dairy to Tasfoods Ltd
Divest Merge Acquire advised the owners of Pyengana Dairy in their successful sale to Tasfoods Ltd.
Tasfoods Ltd owns and markets premier Tasmanian food brands. Pyengana Dairy, with its 130-year heritage of award-winning cheddar cheeses, was a natural addition to Tasfoods’ stable.
The transaction brought the typical challenges of a family-owned private company being acquired by a sophisticated corporate player. Thorough due diligence by Tasfoods’ team cleared the way for a successful outcome, allowing the owners, Lyndall & Jon Healey, to achieve their own goals while creating growth opportunities for the business, its staff and other stakeholders.
About Pyengana Dairy
About Tasfoods Ltd
Tony and the entire DMA team were professional, efficient, patient and outstanding communicators in our complex sale transaction. If we could rate them higher than 10/10, we would!