Silver Fern Farms Co-op takes a 12.5% stake in WoolWorks

Silver Fern Farms Co-op takes a 12.5% stake in WoolWorks
Co-op chair Anna Nelson sees an opportunity to increase revenue for farmers. (Image: Supplied)
Riley Kennedy
Silver Fern Farms Co-operative has taken a 12.5% share in WoolWorks.The Napier-based company is the country’s largest wool scourer by volume in the world and provides commissioned wool scour services to wool growers, manufacturers and exporters.It handles roughly 80%, or more than 100 million kilograms, of NZ’s wool clip.The co-op is the joint owner of Silver Fern Farms – the country’s largest red meat processor and marketer – alongside Bright Meat Group.The co-op’s chair, Anna Nelson, said the inve...