34 | nzdairy DAIRY PEOPLE » Open Country Dairy Strengthened holdings with Miraka acquisition Richard Loader Open Country Dairy has finalised a deal to acquire 100% of Miraka Limited, significantly expanding its footprint across the Central North Island and adding another manufacturing site to its operations. The acquisition represents a strategic move that enhances Open Country’s geographic positioning and strengthens its milk collection network across the wider region. Founded in 2010, Miraka became operational with its first batch of milk powder exports in August 2011 and has grown its production to around 300 million litres of milk per year. Open Country CEO Mark de Lautour described the opportunity to purchase Miraka as one that happened quickly and made strong business sense for the company. The acquisition bolsters Open Country’s presence across the Central North Island, complementing its existing operations in the northern Waikato region. “We have admired the Miraka location and milk supply network for a long period given it sits nicely between our Whanganui and Waikato operations,” he says. “While we are still completing our recent Mataura Valley Milk acquisition, we were immediately interested when the opportunity came along to look at Miraka.” The strategic fit is evident when examining Open Country’s existing operations. The company currently operates four dairy ingredient manufacturing sites around New Zealand located in Horotiu, Waharoa, Whanganui and Awarua. Miraka dairy processing plant at Mokai, north of Taupo, at dusk. Adding Miraka provides an ideal geographic position that optimises milk collection across the wider region. “If you look at where our plants are based, we already have a very strong presence in northern Keeping your dairy farm on track with trusted services that support the backbone of rural New Zealand. Gravel supply Waterbores Underpasses & bridges Drone surveying Grading Talk to us about your next job. www.southroads.co.nz www.360lg.co.nz Proud to work with Open Country Dairy New Zealand owned solutions focused and Partnership driven. A true 360 approach to international trade. INDUSTRY AUTOMATION ENGINEERING & DESIGN RESEARCH & DEVELOPMENT NETWORKING SOLUTIONS EMBEDDED SOLUTIONS SOFTWARE DEVELOPMENT 46 Bryant Road, Terapa, Hamilton support@ipcs.co.nz • 0272712034 • www.ipcs.co.nz IPCS prides in delivering innovative engineering products and solutions to many industries throughout New Zealand. Our team is fully qualified with relevant expertise knowledge and possesses years of experience in the industry and is keen to serve the best of it to our valuable clients.
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