Not Out of the Woods Yet
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
A few weeks ago, Richard Wyeth took over as chief executive of Yili-owned Westland Milk Products and says his first impressions of the company and its people are positive.
Westland Milk Products says Covid-19 is causing “minimal disruption” to its supply chains, with the company working to meet rising demand from China.
The demise of Westland as a cooperative contains a lesson for all business, says Roz Henry, the new Cooperative Business NZ chief executive.
Senior staff of the Chinese dairy giant Yili will arrive this week to take the reins of their new acquisition Westland Milk Products.
Steady but prudent expansion is the key to success at the Ashburton Trading Society (ATS) in Mid-Canterbury.
Westland Milk Products’ sale to Chinese interests is an ironic end to the co-op, which last August was named New Zealand’s 2018 Cooperative Business of the Year.
Westland chair Pete Morrison has reiterated the terms under which protesting former suppliers had surrendered their shares that they say are worth millions.
A group of former suppliers of Westland Milk Products has formally asked the Overseas Investment Office to block or delay the sale to Yili.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.