Print this page

$600m in NZ meat industry takeovers

  • font size decrease font size decrease font size increase font size increase font size

Pam Tipa writes in Rural News that almost $600 million flowed into the meat industry from outside New Zealand in the last 18 months.

Overseas firms looked to secure NZ beef and lamb and strengthen their global agrifood positions, says a new report.

Investors chiefly from China and Japan bought in, says the report ‘Investors Guide to the NZ Meat industry 2017’, released in June. It was commissioned by the Ministry of Business, Innovation and Employment (MBIE) and prepared by Coriolis.

| A RuralNews releas  || August 1,  2017   |||