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TasFoods Signs $2M Deal to Sell Pyengana Dairy, Eyes Debt Cut and Poultry Growth
9:52am on Thursday 25th of September, 2025 AEST
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Food Production
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TasFoods Signs $2M Deal to Sell Pyengana Dairy, Eyes Debt Cut and Poultry Growth
9:52am on Thursday 25th of September, 2025 AEST
Key Points
Sale of Pyengana Dairy for $2 million plus inventory
Shareholder approval required via upcoming Extraordinary General Meeting
Proceeds earmarked to reduce NAB debt and strengthen poultry operations
TasFoods to continue managing Pyengana Dairy under a paid services agreement
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