Carrfields would manufacture wool and hemp products through its majority ownership of NZ Natural Fibres. The merger proposal was the result of year-long talks between Carrfields, Primary Wool Cooperative and Wools of New Zealand, which collectively held 37 per cent of the country’s wool clip, Wools of New Zealand chairman James Parsons said.
ANZ
Big Save Furniture to pay more for for wool. “Together, we can deliver the vision and scale required to make a real difference to New Zealand’s struggling wool industry.” Wool prices have dropped to all-time lows this year, with a kilogram of strong wool costing less than $2.