Administrators appointed to ASX-listed Happy Valley Nutrition

The Otorohanga site where Happy Valley was building a processing factory. (Image: Happy Valley Nutrition)

Wed, 05 Jul 2023

Administrators have been appointed to an Australian-listed New Zealand dairy company which is in the process of building a milk factory in Waikato.The move came just a week after its lender gave it a six-week extension on its debt facility.McGarthNicol’s Andrew Grenfell and Kare Johnstone were appointed administrators of ASX-listed Happy Valley Nutrition and its subsidiary, Five Redland Road, on Wednesday.The company was building a processing factory in Otorohanga, south of Hamilton. Farmers Weekly reported last week that since April...

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