Noumi, the group formerly known as Freedom Foods Group, will stump up $860,000 in Australian legal costs of its supplier California-based Blue Diamond Growers as part of the final settlement in a long-running dispute.
The plant-based drinks and UHT milk manufacturer will now be able to keep selling its growth brand Milklab due to the final settlement, which was more than double initial expectations.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
