Freedom Foods launches new milk products in Vietnam

Company News


Freedom Foods Group Limited (ASX:FNP) has launched a new range of Australian dairy products in Vietnam.
 
The Australian food producer says that it has partnered with International Dairy Products (IDP), a Vietnamese dairy company, to manufacture their new Love’in Farm range of ultra-high temperature processed milk.
 
The company says that it aims to make high quality Australian diary milk more accessible to the Vietnam market, and that its partner, IDP, excepts to expand the product range in time.
 
Freedom Foods says that that the commencing volume is expected to reach 4 million litres in the first year.
 
Freedom Foods reported a net profit of $23.42 million at 31 December 2015.

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