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

Fonterra’s $4.2b Mainland vote set for smooth finish
Primary Sector

Fonterra’s $4.2b Mainland vote set for smooth finish

It’s the second significant vote in the primary sector to be held in recent weeks.

Ikea’s forest chequebook far from closed on NZ soil
Primary Sector

Ikea’s forest chequebook far from closed on NZ soil

It has spent more $600 million on 30,000 hectares so far.

Riley Kennedy 28 Oct 2025
US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Fonterra windfall brings risks: ASB
Primary Sector

Fonterra windfall brings risks: ASB

Farmers will vote for the Lactalis deal on Oct 30.

Rebecca Howard 24 Oct 2025