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.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.