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Business
4 mins to read
2

Australian, local investors tip more into wool processing

Consumers want 'the New Zealand factor' in natural products such as wool, the sector argues.

The New Zealand sheep flock is now around 25 million.

Maria Slade Thu, 04 Aug 2022

Australia-based private equity firm Tanarra Capital and wool industry stalwart David Ferrier have upped their stakes in New Zealand’s only wool scourer and signalled further investment in the operation.

Tanarra and Ferrier now own WoolWorks 50/50 having bought out Australian wool merchant and

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Maria Slade Thu, 04 Aug 2022
Contact the Writer: maria@nbr.co.nz
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Tags
wool David Ferrier wool scouring strong wool
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