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Pāmu to exit stake in Spring Sheep Milk Co
Summary by farmersweekly.co.nz
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1 Articles
Pāmu to exit stake in Spring Sheep Milk Co
Reading Time: 2 minutes Pāmu is to exit its partnership with Spring Sheep Milk Co as it makes a strategic shift to focus on its core operations. Pāmu has a 53% stake in Spring Sheep along with consultancy and investment firm SLC Group. Up until March this year, that stake was 50%, but lifted to its current level after shareholder loans it had previously provided were converted to equity. The announcement was made in Pāmu’s annual report, where i…
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