Melody Dairies benefits from management change, posts best first-half performance

Melody Dairies' plant outside Hamilton. (Image: Google)

Thu, 20 Mar 2025

Improved operational performance has resulted in Melody Dairies pulling off its best first-half performance since it was formed seven years ago, its largest shareholders say.However, long-standing banking covenants remain in the Waikato spray-drying joint venture.In 2018, Landcorp (which trades as Pāmu), Clover Corporation and an entity connected to the now-collapsed Dairy Nutraceuticals stepped in to help fund a new industrial spray dryer to produce milk powder at the Waikato Innovation Park outside Hamilton.Originally, Clover and Pāmu took 35...

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