Billionaire dairy man works in Malaga

The Chinese billionaire buying Australia’s biggest dairy spends most of his time in this country working from an office block in the Perth suburbs.

Chinese buy our largest and oldest dairy farm for $220 million

Australia’s largest and oldest dairy farm has been effectively sold for $220 million to Chinese owners. Herman Shao-ming Hu and Kenny Zhang are finalising the purchase of a majority interest in the 190-year-old Van ­Diemen’s Land Company (VDL) in Tasmania.

Chinese snap up 50 dairy farms

CHINESE investment is flooding into Australia’s dairy industry, with four multi-million-dollar mega-deals in progress that are likely to see Chinese state-owned companies taking big stakes in all Australia’s largest dairy farming operations.

Chinese buyers circle United #Dairy Power

United Dairy Power, Australia’s largest privately-owned milk supplier, may be sold within weeks after previous efforts to sell the Melbourne-based milk aggregator and processor to others – including Champ Private Equity – failed.