Dawn Meats investment a ‘watershed’ moment for Alliance
Alternatives for the meat processing business are ‘very limited’ as the business reaches a ‘critical point’, says report.
Without Dawn Meats’ investment, Alliance Group could risk insolvency or other cost-reduction initiatives, says the report.
Shareholders of Alliance Group have been urged to vote in favour of a proposed deal with Irish meat company Dawn Meats, with the co-op lacking other options.
In August, it was reported that Dawn Meats had taken an interest in the New Zealand meat processing co-op, proposing to invest $250 million in
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