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Reuters
Reuters
Business

Bellamy's signs deals to hike Australian organic milk output

FILE PHOTO: A person holds a tin of Bellamy's organic toddler milk formula, Australia's top maker of organic formula, in Sydney, Australia.REUTERS/David Gray

(Reuters) - Bellamy's Australia <BAL.AX> on Thursday announced three new arrangements to raise its volume of Australian organic milk used in the production of infant formula products.

The formula supplier signed an agreement with Australian unit of Fonterra <FCG.NZ> to develop an organic milk pool in Tasmania by working with local farmers. The other two arrangements are with an affiliate of Australian Consolidated Milk and Tatura Milk Industries Limited, Bellamy's said in a statement.

(Reporting by Devika Syamnath in Bengaluru)

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