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More options for growers under International agreement

24 September 2013

More options for growers under Wools of New Zealand / New Zealand Wool Services International agreement

Growers will be the ultimate winners of a direct farm-to-scour service agreement between Wools of New Zealand and New Zealand Wool Services International (NZWSI).

Wools of New Zealand will be the face to their grower shareholders and supporters with NZWSI providing all of the back office logistics to move wool efficiently from farm directly to the scour and ultimately, to market.

Ross Townshend, Chief Executive of Wools of New Zealand, says the agreement is a ‘win-win’ for shareholders and suppliers providing them with access to a range of sales options including a weekly schedule, monthly plans and more Wools of New Zealand brand contracts, such as the forthcoming Camira lambswool contract.

“While our focus will continue to be on developing global marketing opportunities for our shareholders’ and supporters’ strong wool, our strategy is to forge partnerships with established operators in the industry where there are commercial drivers. Under the new ownership of NZWSI by Lempriere Australia, the benefits of their experience in all aspects of trading wool globally will flow through to the Wools of New Zealand shareholders and supporters.”

Michael Dwyer, NZWSI Chief Executive says the partnership with Wools of New Zealand made fundamental commercial sense. “We welcome the opportunity to work alongside Wools of New Zealand and their growers who are supportive of the New Zealand scour industry to build integrity in the fibre – a key aspect of the Wools of New Zealand Laneve brand programme.”

Mr Townshend says the company would be providing further detail over the coming two week roadshow to its grower shareholders and other supporters and as options are developed.

ends

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