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- Release Date: 27/02/14 14:25
- Summary: ASSET: LIC: New owners and future for DAL
- Price Sensitive: No
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LIC
27/02/2014 12:25
ASSET
REL: 1225 HRS Livestock Improvement Corporation Limited (NS)
ASSET: LIC: New owners and future for DAL
Dairy farmer cooperative, LIC, has purchased the assets and business of
Waikato-based Dairy Automation Limited (DAL).
DAL manufactures sensor technology for the real time (on farm) analysis of
milk. The new ownership takes effect on 1 March and the business will
continue to be known as DAL and will operate as a wholly owned subsidiary of
LIC (NZ) Ltd maintaining the same customer relations with the same staff and
from the same location in Hamilton.
Announcing the acquisition LIC Chairman Murray King said while the majority
of dairy farmers rely on official herd testing to monitor the production
performance of their herds "a number want to make more use of complementary
services providing daily insight to the components of the milk their cows are
producing - volume, fat, protein, mastitis etc.
"LIC is committed to pushing forward with new innovations that provide
farmers with choice in the method of animal performance assessment on their
farms, and the acquisition of DAL complements that choice."
Ends
For further information contact Clare Bayly, LIC Communications Manager,
[email protected], phone 027 499 8862.
www.lic.co.nz
Livestock Improvement Corporation (LIC) is a New Zealand dairy farmer owned
cooperative whose origins date back to 1909 when farmers joined together to
compare and improve the production of their herds. Over the ensuing 100+
years LIC pioneered a number of innovations which, today, are fundamental to
efficient and profitable dairying. LIC's vision, to improve the prosperity
and productivity of its farmers, sees the Cooperative work closely with
farmers and the industry to deliver technologically advanced solutions which
will influence, sustain and lift the performance and prosperity of the dairy
farming industry.
www.dairyautomation.co.nz
Dairy Automation Ltd (DAL) was established in 2007 and designs, develops,
manufactures and markets sensor technology for the real-time analysis of
milk. Key product lines include CellSense(TM) SCC Sensor, Yield Sense(TM)
Milk Analysis Sensor, distribution of the Jantec range of electronic herd
identification systems and distribution of the Gallagher range of Walk over
Weigh scales.
End CA:00247580 For:LIC Type:ASSET Time:2014-02-27 12:25:02
(20min delay)