Golden North, a stalwart of the South Australian dairy industry, has announced a significant change in its ownership structure alongside plans to relocate its ice cream production from Laura to Murray Bridge. This strategic move aims to secure the long-term growth of the 102-year-old company while maintaining its local ownership and operational base.
The existing director, Dimi Kyriazis, will be joined by Steve Kosmidis as part of the new ownership team. Both expressed gratitude to the outgoing owners for their 17 years of investment and acknowledged the invaluable contributions of the Laura-based staff.
Relocation to Murray Bridge: A New Chapter
The production facility will be moved to the former Beston Foods site in Murray Bridge. According to Golden North, this relocation will pave the way for future growth, increased efficiency, and product innovation, all while preserving the company’s South Australian identity. The transition also opens doors for the company to diversify into new product lines, including other dairy products made from locally sourced milk.
Golden North has confirmed that the current Laura site will close by mid-2026. Approximately 80 employees work at the site, with about 50 full-time equivalent roles. The company has pledged to offer redeployment opportunities where feasible and to support staff throughout the transition period.
Preserving Legacy While Embracing Innovation
Golden North Director Dimi Kyriazis emphasized the significance of this transition, stating, “This is a pivotal time for Golden North. We’re investing in the future of South Australian dairy, preserving our legacy while embracing innovation. This change in our business direction will mean that Golden North has the opportunity to not only be a national brand but can truly scale to global markets.”
“We are deeply grateful to our dedicated team in Laura, whose unwavering passion and commitment over the years have been the heart of Golden North Ice Cream. Their loyalty has not only shaped our journey but also helped define who we are today. Every chapter of our story is etched with their hard work, and we are so grateful to them.”
State Government Support for Laura Community
In response to the relocation, the State Government has announced a support package for the Laura community. This package includes career transition services, mental health support, and a $1 million community infrastructure program delivered in partnership with the Northern Areas Council.
Treasurer Stephen Mullighan remarked, “The expansion of Golden North’s production offers exciting opportunities, but the State Government recognises the impact it will have on the Laura community.” He further added, “We have put together a support package to help the town and specifically the local workforce transition into new employment.”
“The relocation will support SA dairy farmers, with Golden North to increase production and explore more export opportunities.”
Implications for the South Australian Dairy Industry
Minister for Primary Industries and Regional Development, Clare Scriven, highlighted the positive implications for local dairy farmers, stating, “Dairy farmers will have increased confidence through Golden North’s move to Murray Bridge, given Golden North’s commitment to support local dairy farmers.”
She continued, “The relocation offers opportunities to grow this iconic South Australian brand in global markets and expand to producing other dairy products as well, using 100 per cent South Australian milk. The State Government is committed to supporting the Laura community through this change.”
Looking Forward: A Progressive Transition
Golden North plans to progressively relocate operations over the next 12 months. This strategic shift not only aims to bolster the company’s position within the national market but also sets the stage for potential global expansion. As the company navigates this transition, the focus remains on balancing innovation with its rich legacy, ensuring that its roots in South Australia continue to flourish.
