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Mason Dairy, a subsidiary of Mason Group, agreed to sell 75% of the issued share capital of GL Food Holdings Pte. Ltd., which indirectly holds Blend and Pack, to WHAI for $55 million. Blend and Pack is an Australian dairy and nutritional formula blending, packaging and distribution company.
Infant formula company Wattle Health will pay $46 million to increase its ownership of dairy processing and packaging facility Blend and Pack from 5% to 51%. The facility is located in Hallam, Melbourne, Australia, and is owned by Hong Kong-listed Mason Group.