Silver Fern Farms completed the acquisition of a 12.5% stake in WoolWorks.

Silver Fern Farms, specializing in agricultural investments, completed the acquisition of a 12.5% stake in WoolWorks, a company focused on wool scouring services. Financial terms were not disclosed. "At a time where our sheep farmers in particular are facing some challenges, this investment is a vote of the Co-operative’s confidence in the future of the industry," Anna Nelson, Silver Fern Farms Chairman.