Silver Fern Farms says 50/50 joint venture with Shanghai Maling an industry game changer

Tue, 15 Sep 2015

By Fiona Rotherham Sept. 15 (BusinessDesk) - Silver Fern Farms chairman Rob Hewett says the proposed 50/50 joint venture with Shanghai Maling Aquarius, a listed subsidiary of China’ state-owned Bright Foods, will be a game changer for the cooperative and for New Zealand's red meat sector. The board has unanimously recommended accepting Shanghai Maling as a partner in a new company, Silver Fern Farms Ltd, w...

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