Milk testing firm GEA Milfos to pay $925k for fixing prices

Milk testing firm GEA Milfos to pay $925k for fixing prices
Paul McBeth
By Paul McBeth June 25 (BusinessDesk) - Milk testing technology firm GEA Milfos International will pay $925,000 in penalties and costs after admitting that it fixed prices on milk sensors with rival Dairy Automation.  In the High Court in Auckland last Thursday, Justice Edwin Wylie ordered Milfos pay a penalty of $825,000 for fixing prices between October 2012 and September 2014, and noted the agreement for Milfos to pay $100,000 to the commission's investigation and enforcement costs. Milfos bought milk sensors from Dairy Automation o...

More Primary Sector

Want to double exports? Good luck with that
Primary Sector

Want to double exports? Good luck with that

International shipping lines say NZ needs to urgently address port productivity. 

Cannasouth heading for liquidation, receiver says
Primary Sector

Cannasouth heading for liquidation, receiver says

General security agreement holders are owed over $2.53m.

Gregor Thompson 29 Jul 2025
Bremworth says costs clipped and focus now on sales growth
Primary Sector

Bremworth says costs clipped and focus now on sales growth

The carpet maker's full-year results are due next month.

Riley Kennedy 28 Jul 2025
Pāmu narrows profit forecast, expects record year
Primary Sector

Pāmu narrows profit forecast, expects record year

Its record year was foreshadowed last month. 

Riley Kennedy 24 Jul 2025