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AAP
AAP
Derek Rose

Coles gets green light for $105m milk plants purchase

Coles will acquire milk processing plants in Victoria and NSW. (Diego Fedele/AAP PHOTOS)

Coles expects its acquisition of two state-of-the-art automated milk processing facilities from Saputo Dairy Australia will be completed in the first half of next year after the competition regulator gave its blessing.

The Australian Competition and Consumer Commission announced on Friday it would not move to block the $105 million deal first announced in in April between Coles and the Australian subsidiary of Canadian diary giant Saputo Inc.

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