Allied Farmers completes NZ Farmers Livestock sale, pivots to asset management

Allied Farmers Limited announced on December 1, 2025, the completion of the sale of NZ Farmers Livestock Limited (NZFL) to Rural Livestock Ltd. This transaction provides Allied Farmers with cash proceeds, which the company intends to redeploy into investment opportunities designed to establish a stronger and more sustainable earnings profile than that previously offered by NZFL.

The sale marks a significant step in Allied Farmers' transformation, shifting its focus to becoming a dedicated asset manager and investor. This strategic move aims to leverage the company's robust governance structures, the expertise of its asset management team, and its access to a network of leading business partners.

Allied Farmers' overarching goal following this divestment is to enhance earnings per share growth by capitalizing on its core strengths and optimizing the utilization of its existing tax losses.