PROJECTS

Livestock Improvement Corporation, New Zealand

The problem

New Zealand’s Livestock Improvement Corporation (LIC) is a farmer-owned and controlled biotechnology business that uses sophisticated breeding techniques to increase agricultural productivity. As LIC wanted to apply its expertise in new markets, it needed additional capital, but wanted to maintain farmer control.

How we helped

Castalia developed a hybrid share structure for LIC that retained the co-operative structure of farmer ownership and control but introduced an investment share. This allowed the farmer-customers of the business to retain control of governance, while each individual farmer could decide on his or her financial investment in the business, with a defined range. To enable farmers to trade with each other, we helped LIC to list on the New Zealand Stock Exchange.

Impact

The LIC investment shares are actively trading on the New Zealand stock exchange. LIC’s hybrid share structure has become a model for other dairy co-operatives seeking to combine their co-operative business structure with increased finance for new ventures.

The client

Livestock Improvement Corporation

Our team

Alex Sundakov

Executive Director

David Ehrhardt

Chief Executive

Find out more

The LIC investment share is listed on the New Zealand stock exchange

View more Castalia projects

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved. Terms | Privacy | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved.

Terms | Privacy | Credits | Sitemap