As a recently joined, Canterbury-based dairy farming business with nine farms Southern Pastures is in the fortunate position of having options for milk supply, unlike most of the West Coast farmers.
“So, we believe we have a moral obligation to leave the critical decision on whether the offer should be accepted or not to those Westland shareholders on the West Coast who have and will have no other supply options.”
Executive chairman Prem Maan said Yili has made a fair offer and Southern Pastures will consider working with Yili if it is successful.
“We will, however, be sad to see the demise of the co-operative if that were to happen.”
Southern Pastures joined Westland a year ago, partly because it is a co-operative.
