| Lower South Island News | Friday September 7 2012 10:18
Fonterra has been given the green light to buy failed New Zealand Dairyâ s Studholme plant near Waimate.
The Commerce Commission says itâ s satisfied the purchase wonâ t have a negative effect on competition.
The Commission's ruled that since the plant specialises in producing milk products for export, the purchase wonâ t impact on the domestic milk market.
Fonterra has been operating the Studholme plant since New Zealand Dairies went into receivership in May.
Photo: NZ Herald