Silver Fern Farms could come to Alliance Group's rescue

Silver Fern Farms could come to Alliance Group's rescue
Dan Boulton took over as chief executive of Silver Fern Farms this year. (Image: Supplied)
Riley Kennedy
Silver Fern Farms has offered to be “constructively involved” as its rival Alliance Group works its way through a capital raise.Alliance confirmed on Friday it would shut its Smithfield site in Timaru, a move widely expected given its announcement of the proposal to do so in September.The farmer-owned processor blamed declining sheep numbers. While its catchment would not have been limited to solely Canterbury, much of the region, particularly mid-Canterbury, is now dairy farming.Beef and Lamb NZ estimated that sheep numbers nationw...

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