Elders mum on PGW
Australian rural services company Elders has downplayed media speculation it is raising funds for a buyout of New Zealand’s largest agricultural services company PGG Wrightson (PGW).
Longtime Elders New Zealand managing director Stu Chapman will later this month leave the business he started.
Following the Carr Group’s acquisition last August of Elders New Zealand – recently rebranded as Carrfields – Chapman, once a shareholder in the Elders agribusiness, agreed to continue in the MD role during the sale and management handover.
He will finish at Elders on August 14 but remain a director of Elders Primary Wool, comprising NZ Yarn, Wool Exports NZ and Wool Marketing Enterprises (Just Shorn). He will also remain a director of Elders International NZ Live Export, a joint venture with Elders Australia.
Chapman has spent 21 years with Elders NZ, growing the business into a market leader particularly in livestock and wool.
OPINION: In recent years farmers have been crying foul of unworkable and expensive regulations.
Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
Making things simpler, not harder, for deer farmers in farm planning and coping with regulations is Deer Industry New Zealand (DINZ) industry capability manager John Ladley’s current focus.
Rural Women New Zealand (RWNZ) is launching an online business directory called The Country Women’s Collective to promote and support entrepreneurial rural women.