Wrightson's boardroom kerfuffle not smallfry

Wrightson's boardroom kerfuffle not smallfry
Wrightson doesn't need distractions while it keeps on serving rural communities. (Image: Getty)
Paul McBeth
PGG Wrightson must really be wondering whether Agria was the white knight it needed all those years ago. The grand scheme of Craig Norgate to stitch Wrightson together with meat processor Silver Fern Farms came a cropper in the late 2000s when the global financial crisis hit, saddling the rural services company with too much debt at a time when the d-word was a dirty one. Agria bailed it out in 2009 and two years later came back with a partial takeover offer alongside Ngāi Tahu and New Hope with a keen eye on the seeds business i...

More Primary Sector

Global dairy prices rebound as north Asia buyers return
Primary Sector

Global dairy prices rebound as north Asia buyers return

Whole milk powder is at its highest since June 2022.

Riley Kennedy 22 Jan 2025
Fonterra urges Canada to 'play by the rules'
Primary Sector

Fonterra urges Canada to 'play by the rules'

NZ, US and Australia believe Canada is undermining legitimate export interests.

Riley Kennedy 22 Jan 2025
Seeka lifts earnings guidance again
Primary Sector

Seeka lifts earnings guidance again

Seeka has once again lifted its market guidance off the back of a “strong close out” to its 2024 year.The New Zealand Exchange-listed (NZX) horticulture business now expects full-year earnings at a profit before tax level for the year ended Dec 31 to be between $27.5 million and...

Riley Kennedy 21 Jan 2025