Devondale Murray Goulburn
Dairy product manufacturing
Australia's largest dairy foods company. Co-operative 100 per cent controlled by Australian dairy farmers.
|Murray Goulburn Co-operative Co Ltd||AUS||website|
|Murray Goulburn Co-operative Co Ltd|
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
[Source 2017][More on Packaging]
Company has brands are rated 'green' in Greenpeace True foods Guide, signifying a clear policy on excluding GE-derived ingredients, including oils derived from GE crops, and animal products from animals fed on GE crops.
[Source 2011][More on Genetic Engineering]
This company won an award in 2014 from the Australian Packaging Covenant, for demonstrating their commitment to environmental sustainability by performing 'above and beyond' in their efforts to minimise waste. This company achieved the highest overall score in their category, most improved.
[Source 2014][More on Packaging]
This company has been criticised for offensive advertising. In 2013/14 the Advertising Standards Bureau upheld complaints about five ads by this company on the grounds that they breached advertising codes. The ads were subsequently discontinued or modified.
[Source 2014][More on Irresponsible Marketing]
This company and its eleven directors has been named in a shareholder class action lodged in the Supreme Court in May 2016 which claims Murray Goulburn knowingly made misleading statements about forecast profits and production as it embarked on its $500 million pre float raising.
[Source 2016][More on Finance]
Former Murray Goulburn boss Gary Helou pocketed $10 million as farmers struggle to break even after reduced farm-gate prices for milk. Now Mr Helou, who owns a $3.2 million luxury NSW home, has been named in a shareholder class action lodged in the Supreme Court which claims Murray Goulburn knowingly made misleading statements about forecast profits and production.
[Source 2016][More on Finance]
|Company Structure||Public company|
|Revenue||$3 billion in 2015|
|# Employees||2,400 in 2015|
|Company Ranking||128 in top 2000 Australian companies|
|Subsidiaries||Danone Murray Goulburn (50% owned)|
|Address||Freshwater Place, Level 15, 2 Southbank Boulevard, Southbank, VIC, 3006, Australia|
|Phone||03 9389 6400|
Products / BrandsDevondale Murray Goulburn
Devondale Flavoured Milk
Fast Start Breakfast Drinks
Il Migliore Cheese
Liddells Flavoured Milk
Liddells Pudding & Custard
Liddells Ice Cream
Moo Flavoured Milk
Danone Murray Goulburn (50% owned)
Murray Goulburn to supply Danone
12th Aug 2013 — Australian dairy co-operative Devondale-Murray Goulburn (Devondale-MG) will make a $2.5 million investment in equipment at its Koroit plant in western Victoria as a result of a five-year agreement with global dairy company Danone. Devondale-MG is set to supply 50,000 tonnes of Growing Up Milk Powders (GUMPs) base to Danone over the life of the agreement. Devondale-MG said the investment would enable the Co-operative, which processes a third of Australia's milk, to meet Asia's "rapidly increasing demand for GUMPs", a dairy nutritional product for young children. [source]