As the first in a planned series of investments, China’s Tianjin Bright & MengDe Dairy Group has bought a 365 hectare grazing property in Victoria, Australia for an undisclosed amount.

 

The group plans to create a dairy heifer export facility and the property will help enable the group to maintain quality control over the cattle stock to be shipped.

 

“Import supply is currently controlled by two or three specialized trading companies, so this direct investment strategy will help us secure our supply chain,”said Tianjin Bright and MengDe Dairy Group chairperson, Madam Yu.

 

The group already owns a hub of five farms east of Warnnambool, but plans to create a second hub west of the city. To date, the group’s investments have enabled it to increase its number of milking cows to 2,750 for total annual milk production of 18 million liters, or 1,400 million kilograms of milk solids.