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Chinese firm to buy another dairy farm group for $43m

The deal, which requires OIO approval, will add to Hunan Dakang's growing portfolio.
 
Duncan Bridgeman talks talks about the latest Chinese farm purchase on NBR Radio and on-demand on MyNBR Radio.

Duncan Bridgeman
Tue, 05 May 2015

A lower dairy price forecast is not stopping Chinese firm Hunan Dakang’s push to buy more Kiwi dairy farms.

Shenzhen-listed Hunan Dakang, currently about 55%-owned by Jiang Zhaobai’s Shanghai Pengxin, has signed an agreement to buy seven dairy farms and three support farms in Northland for about

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Duncan Bridgeman
Tue, 05 May 2015
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Chinese firm to buy another dairy farm group for $43m
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