Majority steak: Why Dawn Meats is paying twice as much for its NZ deal as it did in France a decade ago
With the majority acquisition of New Zealand’s Alliance Group, Dawn Meats is launching its second attempt at international expansion beyond Ireland and the UK. There are similarities between the Waterford-headquartered beef and lamb processor’s Kiwi plans and the French joint venture it exited two years ago, but this deal is bolder and potentially more transformational – with a corresponding price tag. Dawn Meats, owned jointly by the Queally and Browne families, previously held a 49 per cent stake in France’s second-largest red-meat business Elivia between 2015 and 2023. Now the shareholders of Alliance have agreed to a deal that will…
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.
Cancel at any time.
Are you already a member? .