Suitors line up
OPINION: As Fonterra's divestment of its Oceania and global consumer businesses progresses, clear contenders are emerging.
The a2 Milk Company (a2Mc) has been given the regulatory approval to buy 75% of Mataura Valley Milk, Southland.
The company says it has received approval from the New Zealand Overseas Investment Office (OIO).
A key feature of a2MC's proposed investment in Mataura Valley Milk is that current majority shareholder, China Animal Husbandry Group (CAHG), will retain a 25% interest alongside a2MC.
CAHG is a wholly owned subsidiary of China National Agriculture Development Group Co Ltd, which is also the parent company of a2MC's strategic logistics and distribution partner in China, CSFA Holdings Shanghai Ltd. (China State Farm).
Mataura Valley is a dairy nutrition business. A2 Milk says the transactin will be completed by end of the month.
"As previously advised, the proposed acquisition will provide the opportunity for a2MC to participate in nutritional products manufacturing, provides supplier and geographic diversification, and strengthens our relationship with key partners in China," the company says.
A brilliant result and great news for growers and regional economies. That's how horticulture sector leaders are describing the news that sector exports for the year ended June 30 will reach $8.4 billion - an increase of 19% on last year and is forecast to hit close to $10 billion in 2029.
Funding is proving crucial for predator control despite a broken model reliant on the goodwill of volunteers.
A major milestone on New Zealand's unique journey to eradicate Mycoplasma bovis could come before the end of this year.
We're working through it, and we'll get to it.
The debate around New Zealand's future in the Paris Agreement is heating up.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.