# Merger creates national outfit

> Sir James Wallace merged part of his family rendering business with Farm Brands to form Wallace Group, New Zealand's national co-products company. The combined entity covers rendering plants nationally and extends casualty cow collection into the South Island.

- Date: 2017-06-19 · published 2017-06-19T12:00:00.000Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/70615-merger-creates-national-outfit
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Consolidation of New Zealand rendering capacity affects local supply of meat and bone meal and tallow, but it is a corporate restructuring with little direct effect on global feed prices.

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/merger-creates-national-outfit/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.