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An award-winning cheese manufacturer with century-long roots on a rugged Bass Strait island will close after a buyer could not be found. Owner Saputo Australia on Thursday announced King Island Dairy would have one final season before shutting in mid-2025, ending the brand. The future of the business had been under a cloud for 10 months after Saputo launched a strategic review of the facility.
“It is a unique brand, with a plant that is nearly 100 years old. “Our other Tasmanian brands such as Mersey Valley and Tasmanian Heritage are thriving. “ King Island Dairy products hold a nostalgic place in the hearts of Australians, the brand has not maintained its position in today’s ultra-competitive food industry.” Saputo, which bought King Island Dairy in 2019, says 58 employees will be impacted but “redeployment opportunities” would be identified where possible.
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