The CBH Group announced the purchase of Blue Lake Milling which is one of the leading oat products manufacturers. 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.