Spring Sheep buys 12% stake in Melody Dairies

Spring Sheep buys 12% stake in Melody Dairies
Melody Dairies' plant outside Hamilton. (Image: Google)
Riley Kennedy
The partnership behind sheep dairy group Spring Sheep has taken a 12% stake in a Waikato spray-drying joint venture.Four years ago, Landcorp (which trades as Pāmu), ASX-listed Clover Corporation and an entity connected to the now-collapsed Dairy Nutraceuticals stepped in to help fund a new industrial spray dryer to produce milk powder at the Waikato Innovation Park outside Hamilton. The three companies, as well as NZ Food Innovation Waikato – also known as FoodWaikato, formed a new entity, Melody Dairies, to fund, build and operate t...

More Primary Sector

BX Foods settles director disputes, posts $7.9m loss
Primary Sector

BX Foods settles director disputes, posts $7.9m loss

The Chinese-owned food company removed three executives, alleging fiduciary breaches.

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

Riley Kennedy 02 Jul 2025