China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
Silver Fern Farms, a New Zealand-based meat processor and marketer, is looking at options to shut its processing plant near Dunedin, Otago due to a drop in lamb slaughter operations. The move is expected to result in about 180 job losses. ...
Tags: Otago, Meat Plant, Silver Fern Farms, job loss
New Zealand meat processor Silver Fern Farms has booked a loss in the year to the end of September as higher lamb prices hit global demand. The company racked up a net operating loss of NZ$31.1m (US$25.4m) in the 12-month period, down ...
Tags: meat processor, lamb, net operating loss, farm