Board buying exporter

Press, 20 February 1986, Page 25

Board buying exporter

PA Hamilton The Dairy Board is to buy the Hamilton company which re-opened the country’s live sheep for export market this year, the “Waikato Times” said. » The board is expected to take control of Animal Enterprises in the next few weeks, subject to Commerce Commission approval.

There is also a suggestion that a 25 per cent

Arabian interest is being negotiated, but neither party is commenting. Animal Enterprises is a subsidiary of Amalgamated Marketing, Ltd, of Auckland.

Set up privately in 1974, the company exports livestock and agricultural equipment and it was the first company to back the newly approved live sheep for slaughter export programme.

It is also heavily involved in animal breeding

and owns the Cambridge artificial inseminatin company, Ambreed N.Z., Ltd.

The future of Ambreed concerns dairy farmers. They believe the board could dispense with the company, depriving farmers of competition in the Al industry and reducing the number and quality of donor bulls. The Dairy Board already has its national livestock improvement division based in the Waikato, at Newstead.