The demise of Westland as a cooperative contains a lesson for all business, says Roz Henry, the new Cooperative Business NZ chief executive.

Yili's takeover of Westland, the second-largest dairy enterprise in New Zealand, creates a ‘dairy silk road’ between Asia and NZ, says Yili Group chief executive Jianqiu Zhang.

Former Westland Milk chairman Pete Morrison says Yili’s new ownership represents a significant milestone for the former co-op and the start of a new era for the dairy industry on the West Coast.

Chinese dairy giant Yili says it will respect all contractual obligations to pay current and former milk suppliers of Westland Milk.

Put your faith in us and we will bring prosperity to your farming businesses.

West Coast dairy company Westland Milk is now officially owned by Chinese dairy giant Yili.

Senior staff of the Chinese dairy giant Yili will arrive this week to take the reins of their new acquisition Westland Milk Products.

Steady but prudent expansion is the key to success at the Ashburton Trading Society (ATS) in Mid-Canterbury.

The sale of Westland Milk to Chinese company Yili is now complete.

Westland Milk Products’ sale to Chinese interests is an ironic end to the co-op, which last August was named New Zealand’s 2018 Cooperative Business of the Year.