What new Japanese owners plan for Ashburton Meat Processors

What new Japanese owners plan for Ashburton Meat Processors
The site is on the outskirts of Ashburton. (Image: BusinessDesk)
Riley Kennedy
The new Japan-listed owner of Ashburton Meat Processors plans to add a new chain to kill wagyu beef, official documents reveal.The Overseas Investment Office (OIO) gave S Foods, through its NZ subsidiary SFJ Holdings, clearance to buy the Mid Canterbury abattoir from salami-maker Verkerks for $15 million.It has operated as a processing site since the 1950s, killing sheep, cattle and pigs. While Verkerks owned it, the abattoir was known for killing local product for local consumption.It’s understood much of Verkerks’ product was proc...

More Primary Sector

APHANZ want action on rural product approval backlog
Primary Sector

APHANZ want action on rural product approval backlog

A Cabinet paper from the Government's review is due to be drawn up in February.

Riley Kennedy 19 Dec 2024
Alliance Group pauses farmer-shareholder capital raise
Primary Sector

Alliance Group pauses farmer-shareholder capital raise

An external capital raising remains an option. 

Rebecca Howard 18 Dec 2024
Global dairy prices slip into Christmas
Primary Sector

Global dairy prices slip into Christmas

There was 4.5% less volume compared to the last auction.

Riley Kennedy 18 Dec 2024