Mataura Valley ticks all the boxes - A2 Milk CEO

Mataura Valley ticks all the boxes - A2 Milk CEO
Rebecca Howard
Investing in Mataura Valley Milk will help A2 Milk ensure long-run cost competitiveness as it makes its first foray into infant milk manufacturing. “It ticks pretty much all the boxes we were looking for,” chief executive Geoff Babidge told BusinessDesk. Earlier today, the company said it is looking to buy 75.1 percent of Mataura Valley for approximately $270 million. The deal is backed by Mataura Valley majority shareholder, China Animal Husbandry Group, which would retain a 24.9 percent interest in the company. Mataura Milk chief exe...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024
Greyhound racing to end
Primary Sector

Greyhound racing to end

Winston Peters says it will be phased out over 20 months.

Riley Kennedy 10 Dec 2024