Bay Milk Products 'tackles' the industry 'giant': the Bay Milk Products and New Zealand Dairy Group merger story
Abstract
In the 1990's the Diary Industry entered into an area of rapid change, and
legislative reviews that altered the relationship between the NZ Dairy
Board and the Dairy Companies.
Bay Milk Products (BMP) endeavoured to manage Industry change
in a positive and constructive manner, but soon realised that with only
minority industry support it had little chance of achieving the required
objectives. This prompted BMP to look at available options and plan for
what might be a very different future.
Following extensive studies, consultations and debates a merger of
operations behveen NZ Dairy Group and BMP was widely accepted as the
best and most practical option to secure the best shareholder long term
interests.... [Show full abstract]
Fields of Research
140209 Industry Economics and Industrial Organisation; 150303 Corporate Governance and Stakeholder EngagementDate
1997-07Type
OtherCollections
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