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6 Feb 2026 1:45
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      Home > News > Business

    A huge day for an iconic West Coast brand

    A huge day for an iconic West Coast brand


    Westland Dairy shareholders today vote on whether to sell the under-performing co-op to Chinese dairy giant, Yili .

    They're being offered three dollars 41 a share.

    Federated Farmers dairy spokesperson, Chris Lewis, says a lot of people will likely be voting with their head, not their heart.

    He says this is probably an emotional day for suppliers, but sadly financial circumstance means something's happening, when it shouldn't.

    Documents suggest former suppliers who've exited the co-op might wait years to see the 11-million-dollars they're owed.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     05 Feb: A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night
     05 Feb: The housing market is currently favouring buyers - but that may not last
     05 Feb: House prices are expected to rise as the year goes on - on the back of increased sales activity
     05 Feb: The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato
     05 Feb: A record financial result for Christchurch's Lyttelton Port Company
     05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait
     05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment
     Top Stories

    RUGBY RUGBY
    Crusaders fullback Will Jordan has dismissed suggestions Super Rugby isn't preparing All Blacks players for the reality of test matches More...

    BUSINESS BUSINESS
    A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night More...


     Today's News

    		 Hamilton:
    Three people are injured - one seriously - after a two-vehicle crash near Hamilton Airport 21:57

     Entertainment:
    The disappearance of Savannah Guthrie's mother is being treated as a "crime" 21:31

     Auckland:
    Multiple people are injured after a four-vehicle crash on Auckland's Southern Motorway 21:17

     Entertainment:
    Ricky Gervais has mocked Grammy winners for making political acceptance speeches 21:01

     Entertainment:
    Sam Claflin hated filming topless scenes because of his body dysmorphia 20:31

     Entertainment:
    The boss of the Hollywood sign has claimed that CGI was used in a video showing Sydney Sweeney decorating the landmark with bras 20:01

     Entertainment:
    Keke Palmer has no interest in living with romantic partners 19:31

     Business:
    A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night 19:17

     Entertainment:
    Reba McEntire says that Kelly Clarkson and her children are "hanging in there" following Brandon Blackstock's death 19:01

     International:
    Democrat victory in Republican stronghold could spell trouble for Trump 18:57

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