Golden North has announced a change of ownership and plans to relocate its ice cream production from Laura, in the Mid North, to Murray Bridge. The decision aims to secure long-term growth for the 102-year-old South Australian company. It will remain locally owned and operated.
Existing Director Dimi Kyriazis will be joined by Steve Kosmidis as part of the new ownership structure. The pair thanked the outgoing owners for their investment over the past 17 years, and acknowledged the contribution of staff in Laura.
Production will move to the former Beston Foods site in Murray Bridge. Golden North says the shift will allow for future growth, increased efficiency and product innovation, while maintaining its South Australian identity.
The relocation will also allow the company to expand into new product lines, including other dairy products made from South Australian milk.
Golden North has confirmed the current Laura site will close by mid-2026. Approximately 80 staff are employed at the site, with around 50 full-time equivalent roles. The company says it will offer redeployment opportunities where possible and support staff throughout the transition.
Golden North Director Dimi Kyriazis said, “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 very keen to work with all stakeholders within the Dairy Supply chain to ensure the ongoing success of the South Australian Dairy industry.”
“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.”
The State Government has also announced a support package for the Laura community in response to the relocation. The package includes career transition services, mental health support and a $1 million community infrastructure program delivered in partnership with Northern Areas Council.
Treasurer Stephen Mullighan said, “The expansion of Golden North’s production offers exciting opportunities, but the State Government recognises the impact it will have on the Laura community.”
“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.”
Minister for Primary Industries and Regional Development, Clare Scriven said, “Dairy farmers will have increased confidence through Golden North’s move to Murray Bridge, given Golden North’s commitment to support local dairy farmers.”
“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.”
Golden North will progressively relocate operations over the next 12 months.
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