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Wrightson and Elders reach agreement on Rangiuru saleyard

Media release

Wednesday 6th April 2005

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Wrightson Limited and Elders have resolved a 2½ year dispute over Elders access to the Rangiuru livestock saleyards, in the Bay of Plenty.

The two companies have agreed on a revised licence that will provide Elders with appropriate access. The agreement represents full resolution of the dispute.

Wrightson chief executive Barry Brook said the agreement would take both companies beyond their past differences and enable them to adopt an even stronger focus on providing livestock services to clients.

Elders managing director, Stuart Chapman, says it has been a lengthy process but worth pursuing to ensure a competitive market is maintained.

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