Canadian buyer for Murray Goulburn has not seen the fine print of deal to make yoghurt at Kiewa

Flashback: Murray Goulburn Kiewa plant manager Doug Sims and Danone manager Adriaan van Dijk at the time of the yoghurt production beginning in 2011.
Flashback: Murray Goulburn Kiewa plant manager Doug Sims and Danone manager Adriaan van Dijk at the time of the yoghurt production beginning in 2011.

MURRAY Goulburn suitor Lino Saputo said he had not been “privy” to the contract for the Danone yoghurt joint venture at Kiewa.

The Saputo board chairman, who has jetted in from Canada to speak to MG shareholders, said he was yet to speak to Danone. 

“We will, through our travels here this week, have meetings with Danone,” Mr Saputo said.

“We haven’t been privy to any of the contracts or any of the joint venture set-up, so we really don’t know what we’re getting into.

“Our perspective is that if there are some agreements that have been made with MG and other partners we would like to honour those agreements, but again we still don’t know what that’s all about.”

Mr Saputo had a two-hour meeting with suppliers at Tangambalanga on Tuesday.

He was joined by MG chief executive Ari Mervis.

The Border Mail was told Mr Saputo said he had no interest in owning MG Trading Stores at Wangaratta, Eskdale, Kiewa and Corryong.