Displaying items by tag: Silver Fern Farms

A farmer-backed consortium was planning to take to Silver Fern Farms a counter-offer to the $261 million buy-in by Chinese company Shanghai Maling, according to conjecture within the industry.

Meat Industry Excellence (MIE) says Silver Fern Farms shareholders need to carefully scrutinise the capital-raising proposal put forward by the cooperative’s board.

Leading meat processor and exporter Alliance Group submitted a bid for Silver Fern Farms (SFF) prior to the company's capital-raising process getting underway as part of ongoing discussions with SFF.

Silver Fern Farms' board plans a 50:50 partnership with China's leading meat processor Shanghai Maling, a listed company based in Shanghai, owned 38% by Bright Food Group.

It seems that farmer/shareholder ownership of primary sector entities is almost worshipped in some quarters.

It's important to have at least one cooperative in the meat industry, says a senior lecturer in agribusiness management at Lincoln University.

A group of Silver Fern Farms shareholders are urging the board to set a date for the special general meeting so farmers can have their say, before the organisation slides towards foreign capital investment.

The sheep industry is in rapid decline and can’t afford to make any more wrong decisions, says Silver Fern Farms shareholder Allan Richardson.

News that China is to allow Brazilian beef back into its markets shouldn’t derail the bull run the New Zealand industry is enjoying, says leading exporter Silver Fern Farms.

Red meat farmer lobby MIE will unveil “a cunning plan” next month to push for the merger of the two major meat co-ops and block foreign investors taking a stake in the businesses.