Farmlands seeks clearance to acquire Ballance subsidiary

(Image: NZME)

Thu, 09 Nov 2023

Farmlands Co-operative Society has applied for formal clearance from the Commerce Commission to acquire 100% of SealesWinslow, the animal nutrition division of Ballance Agri-Nutrients.Both parties manufacture and distribute animal nutrition products, including bulk and bagged pelletised compound feed for production animals. The Commerce Commission will give clearance to a proposed merger if it's satisfied that it is unlikely to have the effect of “substantially lessening” competition in a market.Ballance's chief financial of...

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