Iconic brand shuts down after 120 years in ‘ultra-competitive’ industry
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As we gather around our dining tables, sharing stories and savouring the flavours of our favourite cheeses, it's with a heavy heart that we must bid farewell to a true icon of Australian gastronomy.
King Island Dairy, synonymous with quality and tradition, will close its doors mid-2025, marking the end of a remarkable 120-year era.
But as we've learned, even the most storied institutions aren't immune to the tides of change.
Saputo, the parent company of King Island Dairy, announced the change, which has sent ripples through the food industry and among cheese lovers across the nation.
Despite an intensive 10-month strategic review, efforts to find a buyer for the iconic brand were unsuccessful.
Leanne Cutts, President of Saputo Dairy Australia, expressed the weight of the decision, acknowledging the brand's deep roots in the region and its historic significance.
‘After thoroughly reviewing every possible option, closure of the facility was determined as the most viable way to strengthen SDA’s competitiveness based on changing industry and market conditions,’ she said.
‘As King Island Dairy’s historic roots are deeply embedded in the region, it was hoped the strategic review would identify a potential buyer for the facility,’
King Island Dairy's facility, nearly a century old, was designed to produce handmade specialty cheeses—a craft that requires skill, patience, and a dedication to quality.
‘It is a unique brand, with a plant that is nearly 100 years old and designed to produce handmade specialty cheeses.’ Ms Cutts added.
Over the past five years, Saputo has invested over $40 million in its Tasmanian operations, a testament to its commitment to the dairy industry.
Yet, the brand has struggled to maintain its footing in an ever-evolving 'ultra-competitive' food industry landscape.
The closure will undoubtedly have a profound impact, affecting 58 jobs and sending shockwaves through the local community.
However, Saputo has pledged to explore 'redeployment opportunities' where possible and to continue supporting dairy farmers in the area.
Tasmanian Premier Jeremy Rockliff has voiced his disappointment at the news, assuring the government to immediately support the workers, farmers, and the local community affected by this significant change.
What steps do you think could have been taken to save King Island Dairy from closure potentially? Do you believe specific strategies or innovations might have helped the brand remain competitive? Let us know in the comments below.
King Island Dairy, synonymous with quality and tradition, will close its doors mid-2025, marking the end of a remarkable 120-year era.
But as we've learned, even the most storied institutions aren't immune to the tides of change.
Saputo, the parent company of King Island Dairy, announced the change, which has sent ripples through the food industry and among cheese lovers across the nation.
Despite an intensive 10-month strategic review, efforts to find a buyer for the iconic brand were unsuccessful.
Leanne Cutts, President of Saputo Dairy Australia, expressed the weight of the decision, acknowledging the brand's deep roots in the region and its historic significance.
King Island Dairy, a legendary Australian cheese brand, closes in mid-2025 after 120 years. Credit: Facebook
‘After thoroughly reviewing every possible option, closure of the facility was determined as the most viable way to strengthen SDA’s competitiveness based on changing industry and market conditions,’ she said.
‘As King Island Dairy’s historic roots are deeply embedded in the region, it was hoped the strategic review would identify a potential buyer for the facility,’
King Island Dairy's facility, nearly a century old, was designed to produce handmade specialty cheeses—a craft that requires skill, patience, and a dedication to quality.
‘It is a unique brand, with a plant that is nearly 100 years old and designed to produce handmade specialty cheeses.’ Ms Cutts added.
Over the past five years, Saputo has invested over $40 million in its Tasmanian operations, a testament to its commitment to the dairy industry.
Yet, the brand has struggled to maintain its footing in an ever-evolving 'ultra-competitive' food industry landscape.
The closure will undoubtedly have a profound impact, affecting 58 jobs and sending shockwaves through the local community.
However, Saputo has pledged to explore 'redeployment opportunities' where possible and to continue supporting dairy farmers in the area.
Tasmanian Premier Jeremy Rockliff has voiced his disappointment at the news, assuring the government to immediately support the workers, farmers, and the local community affected by this significant change.
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