Allied Farmers shareholders back $10m sale of NZ Farmers Livestock

The sale of Allied Farmers’ livestock business to South Island agency Rural Livestock is a “oncer” opportunity, chair Shelley Ruha says. (File image: Bush Telegraph)

Staff reporters

Thu, 06 Nov 2025

Allied Farmers shareholders have approved the sale of subsidiary company NZ Farmers Livestock.The conditional deal would swell Allied’s coffers by about $7 million, its slice of the more than $10m sale price.The sale to South Island agency Rural Livestock includes the livestock agent network, veal processing and marketing business Farmers Meat Export, a more than 50% stake in Hawke’s Bay-based Redshaw Livestock and saleyard interests.Allied Farmers is seeking an exit on the back of an improved performance from the livestock business...

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