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Increased rain produces strong rice crops
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Increased rain produces strong rice crops
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Increased rain produces strong rice crops
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SunRice has expanded into New Zealand.
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Riverina-based SunRice has expanded into the New Zealand market with the $10 million purchase of a dairy nutrition business on the North Island, where the dairy industry is concentrated.
The acquisition will give SunRice s CopRice arm the Ingham Group s North Island feed mill in Hamilton and the Top Cow and Top Calf feed brands.
It represents SunRice s first entry into agribusiness across the Tasman.
The sale is expected to be completed by March next year.
Ingham s company secretary David Matthews said the Hamilton feed mill was a facility dedicated to the production of dairy feed solely for external sale and was non-core to Ingham’s operations.