Without Dawn Meats, Alliance Group faces a ‘very real’ threat of collapse

Mark Wynne will step back as Alliance Group chair if the deal goes through. (Image: Jacques Steenkamp/Supplied)

Fri, 19 Sep 2025

“Very real.” That’s how Mark Wynne, chair of Alliance Group, describes the threat of the processor collapsing if the proposed deal with Dawn Meats fails.It is just over a month until the processor’s current farmer-shareholders will vote on what is effectively a $250 million bailout to repay its working capital.Ceding control of the last fully farmer-owned red meat processor to a new, foreign-owned shareholder was not Alliance’s first choice, but it was ultimately forced to look elsewhere for funds after an internal...

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