09 Oct 2015 --- The Board of Dairy Innovation Australia Ltd (DIAL) is pleased to announce that they have entered into a contract to finalize the sale of the DIAL culture production unit and strain collection to Chr. Hansen Holding A/S (Denmark) and Chr. Hansen Pty Ltd (Australia), a wholly owned subsidiary. The sale of this business unit is in line with the strategic review conducted by the DIAL Board. It is anticipated that this transaction will be completed in November 2015.