What Does Devondale Murray Goulburn Do?

Total employees331
HeadquartersMelbourne
Founded1950

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.

Where Is Devondale Murray Goulburn's Headquarters?

HQ Function

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.

Notable Features:

Located in a modern office tower in the prominent Freshwater Place precinct, offering contemporary office facilities and proximity to Melbourne's CBD.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The choice of a modern Melbourne CBD-fringe location reflected the company's scale and ambition to compete on a national and international stage, while its core operations remained rurally based, reflecting its co-operative roots.

Location:

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.

Street Address:

Level 15, Freshwater Place Southbank, 2 Southbank Boulevard

City:

Melbourne

State/Province:

Victoria

Country:

Australia

Where Else Does Devondale Murray Goulburn Operate Around the World?

Cobram, 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.

Koroit, Victoria/Australia

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.

Rochester, Victoria/Australia

Address: Northern Highway, Rochester VIC 3561 (example)

Serviced dairy farmers in the central Victorian region, contributing to the company's overall milk processing capacity.

Leongatha, Victoria/Australia

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.

Buying Intent Signals for Devondale Murray Goulburn

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Devondale Murray Goulburn? Meet the Executive Team

As of April 2025, Devondale Murray Goulburn' leadership includes:

Ari Mervis - Chief Executive Officer (until acquisition in 2018)
David Mallinson - Chief Financial Officer (interim, then permanent, leading up to acquisition)
John Spark - Chairman (until acquisition in 2018)

Who's Investing in Devondale Murray Goulburn?

Devondale Murray Goulburn has been backed by several prominent investors over the years, including:

Farmer-Members (as a co-operative)
MG Unit Trust Unitholders (after partial listing on ASX)
Saputo Inc. (Acquirer)

What Leadership Changes Has Devondale Murray Goulburn Seen Recently?

Hire0
Exits0

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.

What Technology (Tech Stack) Is Used byDevondale Murray Goulburn?

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.

Devondale Murray Goulburn Email Formats and Examples

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

What's the Latest News About Devondale Murray Goulburn?

Saputo Inc.May 1, 2018

Saputo Completes Acquisition of Murray Goulburn Co-Operative Co. Limited

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

ACCC will not oppose Saputo's proposed acquisition of Murray Goulburn

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 sold to Canadian dairy giant Saputo in $1.3 billion deal

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 GuardianFebruary 24, 2017

Murray Goulburn posts $31.9m half-year loss and slashes milk payout forecast

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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