Displaying items by tag: Alliance Group

Alliance Group is to become an official partner of Ronald McDonald House South Island.

After being dogged by claims about its entitlement to the wage subsidy, the country’s largest meat processor will now fully pay it back.

Shareholders at the Alliance Group Annual Meeting this week were told the cooperative showed agility in an unprecedented year as a result of Covid-19 and adverse weather events.

The country's largest meat processor is trying to shake off accusations of bludging off the taxpayer over its refusal to fully pay back the wage subsidy claimed during the Covid lockdown.

Alliance Group is holding an election to fill two directorships next week.

An historic employee entitlement claim of nearly $20 million severely dented meat processor Alliance Group’s annual result this year.

Meat co-op Alliance Group announced an underlying profit of $27.4 million for 2020. Adjusted for one-off events, the annual profit result was $7.5 million before tax.

Self-proclaimed ‘political operative’ Simon Lusk is taking the Alliance Group to court in a bid to force the meat company to pay back the wage subsidy it claimed during the Covid lockdown earlier in the year.

Farmer-owned cooperative Alliance Group says it has already returned $17 million of the $34.3 million it claimed from the Covid-19 wage subsidy.

Red meat cooperative Alliance Group will be paying $5 million to some of its farmer shareholders.