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6 Feb 2026 8:17
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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
     06 Feb: Auckland's train network is shutting down again this weekend - only eight days after fully reopening for the new year
     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
     Top Stories

    RUGBY RUGBY
    Ireland's depth will be tested in this morning's Six Nations rugby opener against France in Paris More...

    BUSINESS BUSINESS
    Auckland's train network is shutting down again this weekend - only eight days after fully reopening for the new year More...


     Today's News

    		 Basketball:
    The life support is near to being turned off on the Breakers' NBL season after a 31-point loss at home to South East Melbourne 8:07

     Entertainment:
    Savannah Guthrie has asked people to keep praying for her mother to be brought "home" 8:01

     International:
    Today in history, February 6: The Manchester United team that perished in the Munich air disaster of 1958 7:57

     Business:
    Auckland's train network is shutting down again this weekend - only eight days after fully reopening for the new year 7:57

     Environment:
    The east coast of the North Island's looking like the place to be this long weekend 7:47

     Basketball:
    On-court general Parker Jackson-Cartwright has broken the Breakers record for the number of assists in an NBL season...but his effort couldn't prevent a 31-point loss to South East Melbourne in Auckland 7:37

     Entertainment:
    Jacob Elordi was rushed to hospital after burning his back in the bathroom 7:31

     Politics:
    Keir Starmer apologises to Epstein's victims for appointing Lord Mandelson as ambassador to US 7:27

     Rugby:
    Ireland's depth will be tested in this morning's Six Nations rugby opener against France in Paris 7:27

     Cricket:
    Pace bowler Matt Henry has saved the Black Caps from embarrassment in their final warm-up match ahead of the T20 World Cup....leading New Zealand to a seven-run win in Navi Mumbai 7:17

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