Alliance Group on path back to profit, but unlikely to remain 100% farmer-owned

Alliance chair Mark Wynne. (Image: Supplied)

Wed, 23 Apr 2025

Alliance Group is on track to return to profitability this year as it continues its hunt for fresh capital.It is nearly 12 months into its capital raise process to restore its balance sheet, having gone out in search of $160 million, beginning with a since-halted livestock deduction programme.But, after another loss last year and the cost of closing its Smithfield site, it now needs “north” of $200m and is “highly unlikely” to remain a fully farmer-owned co-operative.Back to profitabilityThe red meat processor – wh...

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