About 65 workers at the Parmalat dairy factory in Echuca, Victoria, have been locked out since January 18 in a dispute over the company's plan to radically slash pay for new employees.
Parmalat is a national dairy company, whose brands include Pauls, Oak and Vaalia. In February last year it was bought by French-based company Lactalis, the largest dairy manufacturing company in the world. Emmanuel Besnier, CEO of Lactalis, has a personal worth of $6.7 billion and in 2015, Parmalat Australia’s sales revenue was $1.65 billion.