Dozens of workers locked out of a Victorian yoghurt factory for two months have won an "epic battle" for their pay and conditions.
More than 70 workers have been locked out of Parmalat's Echuca factory without pay since January 18 after rejecting a number of deals during months of negotiations.
The Australian Manufacturing Workers' Union and Electrical Trade Union members voted on Monday to accept an agreement that includes wage rises and improved redundancy provisions.
"The Parmalat Echuca union members were absolutely stoked this morning to have defeated Parmalat's aggressive attack on their long-standing employment conditions," the ETU said in a statement on Monday.
ACTU secretary Sally McManus said the workers had had "an epic battle with a multi-national".
"They were locked out for 62 days with the threat of 40 per cent pay cut hanging over their heads. That's just wrong," Ms McManus told reporters.
"But despite all of that they held firm like good Aussie workers have for generations and they won in the end."
Parmalat said it expected employees would return to work on Thursday.
"We are very pleased with this outcome - for both our business and the Echuca community, " the company said in a statement.
PARMALAT WORKERS' AGREEMENT
* Two per cent wage increase over the next three years
* All production workers will be direct employees of Parmalat
* Maintains existing arrangements and protections for Parmalat metal and electrical trades employees and the engagement of contractors.
* Improved union rights provisions.