Mercer may end up in court over Edendale silo collapse

Thu, 29 Nov 2018

By Paul McBeth Nov. 29 (BusinessDesk) - Mercer Group wants to negotiate a settlement over the 2016 collapse of a silo at Fonterra Cooperative Group's Edendale factory, but acknowledges it may end up in court. The stainless steel fabricator is comfortable, based on advice received, with its insurance cover and liability position. But the complexity of the issues involved means its insurers haven't agreed to the scope of cover, the company says in presentation slides for chair John Dennehy's speech to shareholders. Mercer says all the p...

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