Dairygold is right to consider its options well

DAIRYGOLD has been sending out a clear message in the past month that farmers will not see their holdings in the dairy group diluted any time soon.

It’s an interesting development for a number of reasons. The decision follows extensive consultation between senior management and farmers about the group’s future.

When word got out that a special general meeting had been convened for January 12 expectations rose that a flotation of the non-dairy parts of the business including consumer foods, 4Homes and the property side were all heading for the stock market.