The Country
  • The Country home
  • Latest news
  • Audio & podcasts
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Rural business
  • Rural technology
  • Rural life
  • Listen on iHeart radio

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • Coast & Country News
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Horticulture
  • Animal health
  • Rural business
  • Rural technology
  • Rural life

Media

  • Podcasts
  • Video

Weather

  • Kaitaia
  • Whāngarei
  • Dargaville
  • Auckland
  • Thames
  • Tauranga
  • Hamilton
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Te Kuiti
  • Taumurunui
  • Taupō
  • Gisborne
  • New Plymouth
  • Napier
  • Hastings
  • Dannevirke
  • Whanganui
  • Palmerston North
  • Levin
  • Paraparaumu
  • Masterton
  • Wellington
  • Motueka
  • Nelson
  • Blenheim
  • Westport
  • Reefton
  • Kaikōura
  • Greymouth
  • Hokitika
  • Christchurch
  • Ashburton
  • Timaru
  • Wānaka
  • Oamaru
  • Queenstown
  • Dunedin
  • Gore
  • Invercargill

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / The Country

Wrightson bids to sew up sector

28 Apr, 2002 08:30 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Woolbroker Wrightson has taken control of its "Onewool Establishment Group" for the next stage of its play for the strong wools sector.

In 2000, the $3 million McKinsey Report recommended the establishment of new commercial marketing companies for strong and fine wools.

But the search for a commercial marketing company to handle
the big clip of strong wool, used mainly in carpet making, effectively defaulted to the Onewool consortium.

Wrightson managing director Allan Freeth said his company would give the operation a fully commercial structure to link growers to local and international processors.

"Only a commercial company will give security to suppliers and customers, and establish the necessary legal and financial structure to take Onewool forward," he said.

Wrightson - the nation's biggest woolbroker, handling about 38 million kilograms of wool in a season - effectively sank the Wool Board's proposal for a farmer-owned strong wools company by pulling out late in its development, in May last year.

In October the Onewool consortium was announced as an alliance with other industry heavyweights - including Feltex, the East Coast Wool Co-operative and the Federation of Maori Authorities - to procure and market strong wools.

It ran a pilot project to test its concept for growers to produce wool that met the demands of processing mills.

But Mavis Mullins, chairwoman of the Onewool establishment group, said it believed "a commercial structure is preferable to a strategic alliance". Wrightson would take over.

Freeth said his intention was for Onewool to be operating as a commercial company this year.

"Our preferred option is for Wrightson to be a significant, but minority, shareholder."

- NZPA

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save

    Share this article

Latest from The Country

live
The Country

Stay inside: Nelson residents face new threat tonight

11 Jul 08:18 AM
The Country

Go fishing with Scott Barrett and Kaiwaka Clothing

11 Jul 02:40 AM
The Country

The Country: Aaron Cruden on All Blacks v France second test

11 Jul 02:21 AM

From early mornings to easy living

sponsored
Advertisement
Advertise with NZME.

Latest from The Country

Stay inside: Nelson residents face new threat tonight
live

Stay inside: Nelson residents face new threat tonight

11 Jul 08:18 AM

High winds are ramping up.

Go fishing with Scott Barrett and Kaiwaka Clothing

Go fishing with Scott Barrett and Kaiwaka Clothing

11 Jul 02:40 AM
The Country: Aaron Cruden on All Blacks v France second test

The Country: Aaron Cruden on All Blacks v France second test

11 Jul 02:21 AM
Hamish McKay opens up about his dramatic 50kg weight loss

Hamish McKay opens up about his dramatic 50kg weight loss

11 Jul 01:29 AM
Solar bat monitors uncover secrets of Auckland’s night sky
sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP