HICO Australia was formed in March 2008 when two Victorian herd improvement co-operatives merged - the Gippsland Herd Improvement Co-operative and the Colac Herd Improvement Co-operative.
Gippsland Herd Improvement Co-operative was formed in 2002 and the Colac Herd Improvement Co-operative was formed in 1982.
HICO has offices in Colac, Leongatha and Maffra and a herd recording laboratory in Korumburra.
A variety of business to business services are provided = financial services, I.T. services, laboratory services, marketing services and technical services.