Asia Pacific

Posted in: Asia Pacific, WA
Australian and New Zealand Co-op Merger?
By David Griffiths
Nov 6, 2007 - 10:07:16 PM

UFCC was established in 1992. It is the number three fertiliser distribution business in Western Australia with an estimated 15% share of the WA market. It has 3,633 members.

The merged co-operative would have 30,000 members.

Established in 1977, Ravensdown is the largest supplier of fertiliser in New Zealand with a market share of 50% with fertilser sales of 1.3 million tonnes in FY2007. Ravensdown had operating revenue of NZ$496 million in FY 2007.

It is apparently planned that UFCC's members would become members of the larger co-operative group - unlike the Australian suppliers to the New Zealand Fonterra co-operative.

The United Farmers Co-operative statement on the proposed merger:
http://www.ufcc.com.au/UFCWebsite.nsf/0/5C157F8D8A2C15684925738A002B7E32/$File/United%20Farmers%20Ravensdown.pdf

Ravensdown Fertiler Cooperative Limited
http://www.ravensdown.co.nz

United Farmers Co-operative
http://www.unitedfarmers.com.au