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Murray Goulburn Co-operative Co. Limited was historically one of Australia's largest dairy food companies, owned by dairy farmer shareholders. It processed a significant portion of Australia's milk supply into products like drinking milk, cheese, butter, and dairy ingredients, widely known for its Devondale brand. Facing financial challenges, the co-operative was acquired by Canadian dairy giant Saputo Inc. in May 2018. Its assets and operations are now part of Saputo Dairy Australia.
The headquarters served as the central hub for corporate management, strategic planning, finance, marketing, sales, and administrative support for the co-operative's extensive dairy processing and distribution network.
Located in a modern office tower in the prominent Freshwater Place precinct, offering contemporary office facilities and proximity to Melbourne's CBD.
As a co-operative, the culture historically emphasized a connection to its farmer-suppliers, focusing on dairy expertise, product quality, and navigating the complexities of the agricultural and food processing industries. Post-listing (MG Unit Trust), it adopted more typical corporate structures.
The headquarters was significant as the command center for a major player in the Australian and international dairy markets, influencing milk pricing, product innovation, and export strategies.
Prior to its acquisition, Murray Goulburn had a significant global presence, exporting its dairy products to over 100 countries. Key functions supported globally included sales and marketing offices in strategic international markets (e.g., Asia, Middle East), managing relationships with international customers, and logistics for its export operations. Major export products included milk powders, cheese, butter, and infant formula ingredients.
Level 15, Freshwater Place Southbank, 2 Southbank Boulevard
Melbourne
Victoria
Australia
Address: Various processing facilities, e.g., Murray Valley Highway, Cobram VIC 3644 (example, actual addresses varied by plant)
Primary processing hub for milk supplied by farmers in northern Victoria, leveraging the region's strong dairy industry.
Address: Commercial Road, Koroit VIC 3282 (example)
Key facility in western Victoria, a major dairy-producing region, for processing local milk supply into value-added products.
Address: Northern Highway, Rochester VIC 3561 (example)
Serviced dairy farmers in the central Victorian region, contributing to the company's overall milk processing capacity.
Address: Stony Creek Road, Leongatha VIC 3953 (example)
Located in the Gippsland dairy region, vital for supplying fresh dairy products to Melbourne and surrounding areas.
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As of April 2025, Devondale Murray Goulburn' leadership includes:
Devondale Murray Goulburn has been backed by several prominent investors over the years, including:
Murray Goulburn Co-operative Co. Limited was acquired by Saputo Inc. in May 2018 and ceased to operate as an independent entity. Therefore, there have been no executive hires or exits for Murray Goulburn Co-operative Co. Limited in the last 12 months. Any leadership changes for its former assets would be within Saputo Dairy Australia.
Discover the tools Devondale Murray Goulburn uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Prior to its acquisition by Saputo, Murray Goulburn Co-operative Co. Limited likely used common corporate email formats. The domain mgc.com.au was associated with the company. These formats are no longer active.
[first_initial][last]@mgc.com.au or [first].[last]@mgc.com.au
Format
jdoe@mgc.com.au
Example
0 (domain is inactive or repurposed)%
Success rate
Saputo Inc. • May 1, 2018
Saputo Inc. announced the completion of its acquisition of the business of Murray Goulburn Co-Operative Co. Limited. The acquisition price was AUD 1.31 billion, on a debt-free basis. The acquired assets are now part of Saputo Dairy Australia....more
Australian Competition and Consumer Commission (ACCC) • April 5, 2018
The ACCC announced it would not oppose Saputo's proposed acquisition of Murray Goulburn, subject to Saputo divesting the Koroit dairy plant to address competition concerns in western Victoria....more
ABC News (Australia) • October 27, 2017
Murray Goulburn announced it had entered into an agreement to sell its operating assets and liabilities to Saputo Inc. for $1.3 billion, following a period of financial difficulty and declining milk supply....more
The Guardian • February 24, 2017
Murray Goulburn reported a significant half-year loss and cut its forecast milk price for farmers, highlighting the ongoing financial struggles that eventually led to its sale....more
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