Could Happy Valley Nutrition be saved from liquidation?

The site of its planned factory in Otorohanga. (Image: Happy Valley Nutrition)

Tue, 15 Aug 2023

Happy Valley Nutrition’s creditors have given the administrators an extra month to see if there's any substance in potential deals to save the embattled wannabe milk processor.The Australian stock exchange-listed company planned to build a dairy factory in the Waikato town of Otorohanga but ran out of capital.Those owed money by Happy Valley gathered last week to vote on whether to tip it into liquidation.McGarthNicol’s Andrew Grenfell and Kare Johnstone, who were appointed administrators in July, had recommended...

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