Open Country finalises acquisition of Miraka Limited
Open Country Dairy has finalised a deal to acquire 100% of Miraka.
Maori dairy company Miraka, at Taupo, is about to launch two new value-added products, one aimed at the international market, in particular China, and the other for the domestic market.
Chief executive Richard Wyeth says Taupo Pure is a premium international brand under which Miraka will produce a 1kg sachet of milk powder aimed at busy Chinese women who want to give their children a good start each day.
“Our market research shows women in China are busy people and the times they can control their children’s food is evenings and mornings.
“This powder product is targeted at giving opportunity to a family to sit down morning and evening to have a glass of milk and so control children’s nutrition,” he says.
Miraka is now finalising its China distributors but Wyeth says much of the product will be sold online, notably on WeChat, a popular platform with at least one billion account holders.
“All our research shows consumers there are buying more and more products via their phones using WeChat. There is nothing quite like it in NZ – it’s huge.
“The other week when I was there we ordered Subway on WeChat and it was delivered in half an hour. It is incredible how the consumers’ buying habits are evolving.”
Wyeth says the Taupo Pure brand will help optimise the value of Miraka’s milk powder, telling the story of the milk’s beautiful origins -- the lake, mountains and grass-fed cows. These facts will appeal to Chinese consumers.
Also soon to be launched in New Zealand is a Whai Ora (in pursuit of wellness) brand powdered smoothie drink aimed at ‘lifestyle’ consumers, especially women. It consists of milk powder blended with oats, honey, fruit and vegetables, all sourced locally, packed in 400g cans.
“The consumer will put some in a blender and mix it with water to produce the smoothie. This is aimed at the NZ market, though some will be sold in Malaysia and Singapore.”
Wyeth says Miraka has always planned to develop consumer products based on whole milk powder. The Whai Ora brand will enable Miraka to tell the company’s story. As part of its promotion, Miraka has sponsored the Spirited Women’s Adventure in Taupo.
Blending and packaging of the Whai Ora smoothie drink will be outsourced but in time when volumes build up it may be done by Miraka itself.
The new product launches are resulting in more sales and marketing and innovation staff being employed.
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
As an independent review of the National Pest Management Plan for TB finds the goal of complete eradication by 2055 is still valide, feedback is being sought on how to finish the job.
Beef + Lamb New Zealand has launched an AI-powered digital assistant to help farmers using the B+LNZ Knowledge Hub to create tailored answers and resources for their farming businesses.
A tiny organism from the arid mountains of mainland Greece is facilitating a new way of growing healthier animals on farms across New Zealand.
Alliance has announced a series of capital raise roadshow event, starting on 29 September in Tuatapere, Southland.
OPINION: Everyone wants to go to heaven, but nobody wants to die.