The Mataura Valley plant is on 30.5 hectares of land at McNab, near Gore. “The extent of New Zealand control will increase as a result of the investment, and the strength of the overseas ownership blocks will be reduced,” the investment office says. A feature of the investment is that former majority shareholder, China Animal Husbandry Group, retains a 25 per cent interest in Mataura Valley Milk. The agreement was signed earlier this week by virtual meeting between partners in Beijing, Sydney, Melbourne and Gore. Gore District mayor Tracy Hicks was alongside Mataura Valley Milk chief executive Bernard May for the signing.
Press Release – Bell Gully Bell Gully is delighted to have advised dairy nutrition business Mataura Valley Milk on its NZ$268.5 million investment by the a2 Milk Company. A2 Milk Company acquired a 75 per cent interest in Southland-based Mataura Valley Milk from China Animal Husbandry …
Bell Gully is delighted to have advised dairy nutrition business Mataura Valley Milk on its NZ$268.5 million investment by the a2 Milk Company.
A2 Milk Company acquired a 75 per cent interest in Southland-based Mataura Valley Milk from China Animal Husbandry Group, which will retain a 25 per cent interest.
The Bell Gully team was led by partners Anna Buchly, Andrew Petersen and Jennifer Gunser, and included senior associates Chris Hodges and Elena Chang, associate Jack Gordge and lawyers Elliot Brownlee and Megan Robertson.
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