Meateoric rise of pet food, post covid

Fri, 03 Jul 2020

Last year’s purchase of a 50 percent interest in Meateor’s New Zealand pet food business from Scales Corporation for $15 million has gone down a treat for Alliance Group, giving it a leg up into the fast-growing $60 billion pet food sector. Meateor, which procures and markets high-quality lamb, venison, beef and offal ingredients, exports the majority of its processed product to companies such as Mars and Nestle in the US, and also has a strong presence in Canada and Thailand. Security of sheep and venison product supply from Alliance, an...

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