Latest Breaking News On - Merino new zealand - Page 1 : comparemela.com

Company plans to raise $12.6 million. The New Zealand Merino Company listed on the USX stock exchange last month with the aim of raising cash to shore up its balance sheet in the wake of Covid-19. The two-decade old wool marketer and seller decided it was time to branch out from its existing tightly held merino farmer-shareholder base in a bid to introduce new capital and thinking. The company’s roots were put down in 1996, when a group of merino wool growers formed Merino New Zealand to push branding and marketing of the natural fibre, to try and create a higher margin market. 

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