- Release Date: 17/04/15 09:33
- Summary: JOINTV: LIC: LIC and Lely combine sensor technology resources
- Price Sensitive: No
- Download Document 1.28KB
LIC 17/04/2015 09:33 JOINTV PRICE SENSITIVE REL: 0933 HRS Livestock Improvement Corporation Limited (NS) JOINTV: LIC: LIC and Lely combine sensor technology resources 17 April 2015 Market statement LIC and Lely combine sensor technology resources Lely Group in the Netherlands and New Zealand-based Livestock Improvement Corporation (NZX: LIC) have entered into a new partnership aimed at accelerating developments in sensor technology and increasing utilisation on farms worldwide. The partnership includes the acquisition of Lely Sensortec by LIC, the Hamilton-based research and development division of Lely Group. Its five staff design farm sensor technology systems to monitor animal performance, production and health. The ongoing working relationship between Lely Group and LIC will result in joint R&D efforts to develop new sensor technology, and support wider global distribution of LIC's inline milk sensors (developed by subsidiary business DAL, soon to become LIC Automation). New ownership of Lely Sensortec will take effect by 1 June 2015 and form part of LIC's subsidiary, LIC Automation. The full media statement is attached. ENDS Contact: Ashleigh Sattler Senior Communications Advisor [email protected] 027 617 1942 End CA:00263222 For:LIC Type:JOINTV Time:2015-04-17 09:33:24
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Ann: JOINTV: LIC: LIC and Lely combine sensor technology resources
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