Dairy fund takes stake in Lewis Road to support NZ, international expansion

Tue, 24 Oct 2017

By Sophie Boot Oct. 24 (BusinessDesk) - Dairy farming investment fund Southern Pastures has taken an undisclosed but significant stake in Lewis Road Creamery, with executive chairman Prem Maan set to join the Lewis Road board. The investment "will enable further expansion of Lewis Road’s popular product portfolio in New Zealand, and support the company’s push towards exporting to lucrative overseas markets", Lewis Road said in a statement. Founder and chief executive Peter Cullinane will remain the company's largest shareholder. The pr...

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