Tamar Valley
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Dairy company
Founded in Tasmania in 1996. Entered voluntary administration in Sept 2013 and acquired by Fonterra in Nov 2013, who sold the business to Parmalat in Dec 2015.
Company Ownership
Tamar Valley Dairy Pty Ltd | AUS | website | ||||
Parmalat Australia Ltd ![]() owns 100% of Tamar Valley Dairy Pty Ltd |
AUS | website | ||||
Dairy product manufacturing This Australian dairy company became foreign owned in 1998 when Italian dairy giant Parmalat bought Pauls Ltd. Parmalat was acquired by French dairy giant Lactalis in 2011. Acquired WA dairy and fruit juice company Harvey Fresh in Apr 2014 for $120m. | ||||||
Parmalat Finanziaria SpA ![]() owns 100% of Parmalat Australia Ltd |
ITA | website | ||||
Food and beverages (especially dairy) The company was restructured in 2005 to aid recovery from the 14 billion euro fraud uncovered in 2003. French dairy giant Lactalis increased its stake in Parmalat from 29% to 83% in July 2011. | ||||||
» Groupe Lactalis ![]() owns 88% of Parmalat Finanziaria SpA |
FRA | website | ||||
Dairy product manufacturer World's largest dairy company and 15th largest agri-food group. Founded in 1933 by Andre Besnier; his descendants still own and oversee the company. Increased its stake in Parmalat from 29% to 83% in July 2011. Bought Lemnos Foods in 2010 and Jindi cheese in Nov 2012. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Tamar Valley Dairy Pty Ltd | ||||
This company manufactures or distributes products that are certified organic under the Australian Certified Organic label.
[Source 2018][More on Eco-Certification] |
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Parmalat Australia Ltd | ||||
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
[Source 2017][More on Packaging] |
In Aug 2015 the NSW Environment Protection Authority (EPA) issued two $8000 fines to this company after offensive odours were detected coming from its dairy processing plant at Lidcombe. The EPA's odour surveys detected offensive odours beyond the boundary of the premises on 12 March and 15 April 2015. The odours on both occasions were caused by wastewater stored in a 500,000 Litre tank on the site becoming depleted in oxygen and producing hydrogen sulphide, that is rotten egg gas.
[Source 2015][More on Habitats]
This company was one of five major dairy processors that agreed to amend its milk supply agreements after The Australian Competition and Consumer Commission (ACCC) found them to be unfair. The ACCC said it had raised concerns with some processors about lengthy notice periods for farmers to terminate their contracts, one-sided termination rights, broad indemnities, and terms that restrict a farmer's ability to lease a farm or sell their cattle.
[Source 2018][More on Governance]
Some of this company's products are certified organic by NASAA.
[Source 2018][More on Eco-Certification]
Brands owned by this company were rated 'green' in Greenpeace's 2011 Truefood Guide, signifying a clear policy on excluding GM-derived ingredients, including oils derived from GM crops, and animal products from animals fed on GM crops. However since then the company has had a change of ownership so their current GM status in unknown.
[Source 2011][More on Genetic Engineering] |
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Parmalat Finanziaria SpA | ||||
Criticised for massive financial fraud 'one of the largest ever' of between 4 and 8 billion EUR ($10bn) and illegal business practices. Following judicial inquiries in December 2003, the company went into bankruptcy, but was not split up but rather restructured.
[Source x][More on Finance] |
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Groupe Lactalis | ||||
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soya, beef, leather, timber, and pulp and paper). This company received a score of 0/5.
[Source 2018][More on Forests]
The Access to Nutrition Index (ATNI) is a global initiative that evaluates the world's largest food and beverage manufacturers on their policies, practices and performance related to undernutrition and obesity. Of the 22 companies ranked this company came last.
[Source 2018][More on Product Safety]
The 2017 Business Benchmark on Farm Animal Welfare (BBFAW) report ranks global food companies on how they are managing and reporting their farm animal welfare policies and practices. This company appeared in tier 6, "No Evidence that on the Business Agenda", with tier 1 being the best, and tier 6 the worst.
[Source 2018][More on Animal Rights]
This company received a score of 4 out of a possible total of 9 in the WWF Palm Oil Buyers' Scorecard 2016, which rates companies on what they are - and aren't - doing to prevent the negative environmental and social impacts of palm oil production.
[Source 2016][More on Palm Oil]
This company received a score of 2 out of a possible total of 24 in the WWF Soy Scorecard 2016, which rates companies on their use of responsible soy, grown without damaging the environment and harming people.
[Source 2016][More on Forests]
This company scores Ethical Consumer's worst rating for their use of palm oil, signifying they are using no or minimal certified palm products, and with no or minimal positive commitments.
[Source 2019][More on Palm Oil]
This company is named and shamed in IBFAN's 2017 report, 'Breaking the Rules, Stretching the Rules 2017', evidence of violations of the International Code of Marketing of Breastmilk Substitutes, compiled from June 2014 to June 2017. The report covers 792 Code violations from 79 countries and by 28 companies.
[Source 2017][More on Irresponsible Marketing] |
In 2010 US-based Lactalis subsidiary Sorrento Lactalis paid the United States a $315,000 penalty for excess discharges in violation of its wastewater permit levels. The company discharged the excess pollutants into Mason Creek from its factory operations in Nampa, Idaho, in violation of the Clean Water Act. The company repeatedly violated its National Pollutant Discharge Elimination System (NPDES) permit over a period of three years from December 2005 to September 2008.
[Source 2010][More on Habitats]
Lactalis and Nestle created a dairy products joint venture in 2006 called Lactalis Nestle Chilled Dairy, which operates in nine European countries. Nestle is the target of a boycott call.
[Source][More on Governance]
This company has a number of sustainability claims on its website including improvements in the areas of water and energy consumption, waste management and packaging reductions.
[Source 2013][More on Sustainability Reporting]
Five hundred French dairy farmers are to take Lactalis to court over the price they were paid in 2014 for their milk.
[Source 2015][More on Finance] |
Company Details
Company Structure | Family-owned private company |
Aus Manufacturing | Yes |
Contact Details
Address | 1 River St, Invermay , TAS, 7248, Australia |
Phone | 03 6334 7220 |
Fax | 03 6334 7981 |
Website | www.tamarvalleydairy.com.au |
Products / Brands
Related News
Fonterra to acquire Tamar Valley Dairy
11th Nov 2013 — New Zealand based dairy giant Fonterra has announced it will acquire the assets of Tasmanian yoghurt business, Tamar Valley Dairy.
Under the agreement, Fonterra will acquire the processing equipment, related services, and intellectual property and trademark for the Tamar Valley Dairy brand. The acquisition will be effective from near the end of November 2013 (subject to completion of the sale), with the exact date to be confirmed. [source]