Snapping up Miraka gives Open Country Dairy further scale

Snapping up Miraka gives Open Country Dairy further scale
Miraka will soon move into the Open Country Dairy business. (Image: Supplied)
Riley Kennedy
Buying Miraka is not "growth for growth's sake," it is about improving Open Country Dairy's efficiencies, its chief executive says. On Monday, Open Country Dairy (OCD) announced it would acquire the Taupō-based, Māori-owned processor in what effectively was a fire sale, saving it from collapse.The purchase price has not been disclosed, but Miraka had long been subject to industry speculation about its stability, with rumours of the pending deal beginning to circulate on Monday morning.Get up to date fast. Join BusinessDes...

More Primary Sector

Counting the cost of restructuring Bremworth
Primary Sector

Counting the cost of restructuring Bremworth

It is now positioned for growth after a “tough” year.

NZ wine firms feel the squeeze, eye brighter days
Primary Sector

NZ wine firms feel the squeeze, eye brighter days

Global oversupply and weak US demand hit earnings, yet growth is back on the radar.

Open Country Dairy signs deal to buy Miraka
Primary Sector

Open Country Dairy signs deal to buy Miraka

It is Open Country's second acquisition recently.

Riley Kennedy 01 Sep 2025
Dairy Goat Co-op hunting capital to fuel turnaround strategy
Primary Sector

Dairy Goat Co-op hunting capital to fuel turnaround strategy

The processor has set itself a 'formula for success'.

Riley Kennedy 01 Sep 2025