Receivers to sell Waikato dairy farm operation after debt mediation failure

Cows being milked on a Waikato dairy farm. (Image: Getty)

Tue, 27 Jun 2023

The receivers of a Waikato dairy farming operation owing more than $25 million to the bank are looking to sell off the farms after the business failed to comply with the farm debt mediation scheme.In April, BDO’s Colin Gower and Diana Matchett were brought in by the Bank of New Zealand (BNZ) as receivers of Fielden Farms Limited as well as two other entities: Mark Fielden Ofsoske and Judith Ann Ofsoske Partnership and The MF Ofsoske Family Trust and The JA Ofsoske Family Trust Partnership.The company, according to their first report, oper...

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