Dairying consortium in receivership, farms to be sold as going concern

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Mon, 22 Apr 2024

The Otago and Taupō farms of a dairying consortium put into receivership are being marketed as going concerns, says receiver Andrew Grenfell of McGrathNicol.Three dairy farms, one in Taupō and two in North Otago, are involved in the receivership of Waitonui Milltrust Agricultural Holdings General Partner, Waitonui Milltrust Agricultural Holdings Partnership, WMAH Farm Management General Partner and Waitonui Milltrust Agricultural Holdings Farm Management Partnership.BNZ put the companies into receivership.Grenfell said four third-party properti...

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