Merger would give stronger voice to farmers - Wools of New Zealand
Photo: RNZ/Cosmo Kentish-Barnes Wools of New Zealand and Primary Wool Co-operative announced the move to their 2100 shareholders today - who will vote on the merger in November. Ahead of the vote Primary Wool Co-operative will become the owner of CP Wool with the purchase of Carrfields Ltds 50 per cent shareholding. Strong wool prices have been depressed in recent years with the price of wool sometimes not meeting the cost of shearing the sheep. Chair of Wools of New Zealand James Parsons said ...
New Zealand Richard Young Zealand James Parsons Carrfields Ltd Primary Wool Co Operative New Zealand James Parsons
Source: rnz.co.nz