Dawn Meats takes 65% stake in Alliance Group in major industry deal
Alliance and Dawn Meats have completed their new strategic partnership.
Meat co-op Alliance Group has distributed $5.7 million in loyalty payments to key shareholders.
The quarterly payments have been made to the co-op’s Platinum and Gold shareholders who supply 100% per cent of their livestock to the company.
Farmers are paid an additional 10c/kg for each lamb, 6c/kg for a sheep, 8.5c/kg for cattle and 10c/kg for deer. The payments cover the period January-March 2019.
David Surveyor, Alliance chief executive says its loyal shareholders are, and always have been, the backbone of the cooperative.
“Our co-operative principles state our farmer shareholders are at the heart of every decision we make and we reward them for their committed and consistent livestock supply.
“Alliance is focused on creating prosperity for farming families. That’s why every dollar we make is either delivered back to farmers or re-invested into the cooperative so we can continue to improve our performance and lift returns to shareholders.
“We are working to create a stronger cooperative as we continue our transition to become a world-class food and solutions business.”
Alliance Platinum and Gold shareholders are being encouraged to apply to attend Alliance’s inaugural Know your co-operative seminar in July.
The seminar will include presentations on a range of areas from members of Alliance’s executive leadership team and the board.
“This is an opportunity for some shareholders to gain a more in-depth understanding of Alliance,” says Surveyor.
“We hope those who attend will feel better informed about the cooperative and be able to share their knowledge with other farmers.”
The seminar from 3rd-5th July in Christchurch will be limited to a maximum of 10 people.
Applications must be emailed to Alliance Company Secretary Danny Hailes at This email address is being protected from spambots. You need JavaScript enabled to view it. by 12 noon, 15 May .
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.
There was much theatre in the Beehive before the Government's new Resource Management Act (RMA) reform bills were introduced into Parliament last week.
The government has unveiled yet another move which it claims will unlock the potential of the country’s cities and region.
The government is hailing the news that food and fibre exports are predicted to reach a record $62 billion in the next year.
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
One person intimately involved in the new legislation to replace the Resource Management Act (RMA) is the outgoing chief executive of the Ministry for the Environment, James Palmer, who's also worked in local government.