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PALGROVE FORMS PARTNERSHIP NZSF (4 October 2017)

Palgrove is very pleased to announce that it has entered into a new partnership with the New Zealand Superannuation Fund (NZSF). This partnership gives the Palgrove business the capacity to grow its cattle numbers to meet increasing demand from our clients. It will also enable us to accelerate genetic development, particularly within our Ultrablack programme and expand our R & D across all of our enterprise.

Nothing will change in the day to day operation of the Palgrove business. NZSF has the appropriate level of understanding of agricultural investing; a commitment to long term investment horizons and a high standard of governance, responsible investing and operating sustainably. These strengths will make them a valued partner.

Palgrove and NZSF are very excited about prospects for the beef industry. We will continue to strive for excellence in everything we do and the business will look to grow its current operations and evaluate new opportunities as they arise.

Our business has been built on strong customer service, quality seedstock and relationships and we look forward to strengthening those relationships with both new and existing clients.

For more information, contact Prue Bondfield M: 0413 186 149