Silver Fern Farms wants an industry-good solution for Alliance Group

The co-operative's chair, Anna Nelson. (Image: Supplied)

Tue, 29 Oct 2024

Silver Fern Farms is interested in exploring an industry-good solution for Alliance Group, says the processor’s co-operative chair, Anna Nelson.Not long after Alliance confirmed its proposal to close its Smithfield site last week, Silver Fern Farms offered to be “constructively involved” as the rival processor works through a capital raise.Alliance has tapped Craigs Investment Partners as its bankers to help scout out options, including bringing on a new shareholder.The only fully owned farmer-owned co-operative is also undert...

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