Buyer for VLG assets
The New Zealand Rural Land Company (NZL) says it has entered conditional agreements to buy assets from the Van Leeuwen Group (VGL), which went into receivership last week.
The owners of one of New Zealand's largest dairy operations, the Van Leeuwen Dairy Group, say the operation is alive and well.
Adriaan and Wilma van Leeuwen told Dairy News by email from overseas that the South Canterbury business is not in receivership, as rumoured.
They also had heard this rumour, on RNZ National radio, but say it is "false". The group has 12 holdings and 12,000 dairy cows, and is the world's largest robotic milking farm. Last year it expanded by installing 24 Lely robots in three barns of 500 cows each.
Adriaan and Wilma also made the Rich List last year with wealth estimated at $65 million.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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