Dairy Holdings' West Coast farms a cash cow

Dairy Holdings' West Coast farms a cash cow
The five farms produce about a million kilos of milk solids a year. (Image: Colliers)
Rebecca Howard
Dairy Holdings is putting up five profitable West Coast farms for sale, saying they should be attractive to buyers in the current climate.“It’s a consolidation. It’s a long way to manage those farms from where we are currently located, so that would be the primary driver,” said Dairy Holdings chair Greg Gent.Chief executive Colin Glass said Dairy Holdings has always sought to “get bigger or get out” in the areas where it's located and the lack of options in the area means “the ability for us to grow...

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