VDL product on route to China 

Milk. After acquiring Van Diemen’s Land Company (VDL) earlier this year, Moon Lake Investments have announced their plans to export 10 million litres of Tasmanian milk to China. The recently established VAN Milk brand will underwrite weekly freight flights from Hobart to Ningbo and Beijing in China. It is predicted the first weekly flight will …

2 years ago

Van Diemen’s Land Co investment approved 

Sale. The Van Diemen’s Land Company is set to continue its history of foreign ownership after the Foreign Investment Review Board (FIRB) approved Moon Lake Investments’ application on Tuesday. In making the decision the FIRB considered the impacts the sale would have on the company’s current employment, state and national economic growth, national security and …

3 years ago

Not happy, Jan

Sale. Community sentiment is running high over a recent bid for Van Diemen’s Land Company (VDL), according to the Circular Head Progress Group. Australian businesswoman Jan Cameron has offered to match the bid put forth by Moon Lake Investments, owned by Chinese businessman Lu Xianfeng. Moon Lake Investments is looking to acquire all the Tasmanian …

3 years ago
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VDL investor’s offer accepted

Business. While TasFoods Limited seeks legal action on the failed sale of Van Diemen’s Land Company (VDL), another investor’s bid of $280 million has been accepted. Moon Lake Investments has made a binding offer, subject to the approval of the Foreign Investment Review Board (FIRB), to acquire all the Tasmanian dairy assets held by Tasmanian …

3 years ago

VDL sale to TasFoods update

Investment. The pending sale of Van Diemen’s Land Company (VDL) to Australian company TasFoods (formerly OnCard International) has stalled, according to an announcement on the Australian Stock Exchange. VDL is owned by New Zealand’s New Plymouth District Council’s Taranaki Investment Management Limited, which announced the VDL assets had been sold to an undisclosed foreign buyer, …

3 years ago