Freedom Foods' AFMH Acquires Torrumbarry Aggregation

  • Nov 15, 2019 AEDT
  • Team Kalkine

Freedom Foods Group Limited (ASX: FNP) has announced that Australian Fresh Milk Holdings (AFMH) has acquired the Torrumbarry Aggregation in Northern Victoria.

  • AFMH currently operates two fully integrated dairy farming operations, Moxey Farms, located in NSW and the Coomboona Farms operation in Northern Victoria;
  • Torrumbarry Aggregation comprises of 3,500 hectares on the Murray River and includes significant water rights;
  • After the acquisition, AFMH becomes the largest dairy producer in Australia with current operations forecasting over 190 million litres of production into 2021.

At AEST 01:16PM, the stock was trading at $5.650 per share, down by 2.75% from its previous close.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK