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Tony Girgis says the deal will allow Brownes to improve its export opportunities.

Brownes sold to Chinese consortium

Western Australia’s three largest dairy producers are now under foreign ownership, after Brownes was sold to a consortium of investors that includes Chinese dairy operator Shanghai Ground Food.

Private equity fund Archer Capital, which has owned Brownes since 2011, made the sale to Australia Zhiran under the condition that the new owner maintains the current management.

Brownes joins fellow major WA dairy players Harvey Fresh and Masters in being sold to overseas investors.

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