How allied are these farmers?

How allied are these farmers?
Paul McBeth
Allied Farmers has never been shy of taking a punt.Some eyebrows were raised when the Hawera company said it would take half of the management company running the latest addition to the NZX – NZ Rural Land Co.It’s not that it’s a bad fit, rather the deal was a bolt from the blue, despite Allied Farmers’ plans to reduce its reliance on a successful livestock operation which accounts for almost all its $20.8 million of annual revenue.Perhaps we were expecting a finance deal, given most of Allied’s focus in recent yea...

More Primary Sector

Akaroa King Salmon boss steps down after 23 years
Primary Sector

Akaroa King Salmon boss steps down after 23 years

Scotsman Stewart Hawthorn takes over from Duncan Bates as Akaroa King Salmon CEO.

Synlait Milk expecting to return to profitability
Primary Sector

Synlait Milk expecting to return to profitability

Last year, the dairy processor reported a net loss of $182.1m.

LIC's revenue up 8% in the first half
Primary Sector

LIC's revenue up 8% in the first half

Dairy genetics firm is looking at its future strategy.

Riley Kennedy 23 Jan 2025