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CBH Group acquires Blue Lake Milling

05 August 20151 min reading
The CBH Group announced the purchase of Blue Lake Milling which is one of the leading oat products manufacturers. haber168 Australia based CBH Group has purchased Blue Lake Milling, a leading manufacturer of premium Australian oat products operating in South Australia and Victoria. CBH Group Chairman Wally Newman said this was the co-operative’s first move towards a regional oats strategy, enabling the CBH Group to support the development and growth of the oats industry in Western Australia.  “The acquisition of Blue Lake Milling provides a strong financial return on its own.  It offers WA growers another diversified investment that creates an alternative income stream that can generate a rebate to help lower their storage and handling charges. But more importantly the investment provides the co-operative with the ability to tap into the south-east Asian oat market and develop a significant regional presence” he said. It has a total annual capacity of 60,000 tons over two sites located in Bordertown, South Australia, and Dimboola in Victoria.
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