Chinese buy into live shipper, Wellard

By Andrew Marshall
Updated September 19 2016 - 10:16am, first published 9:54am
China's Fulida Group investment in Wellard demonstrates its consistent interest in the live cattle export trade, particularly opportunities in selling Australian cattle to Chinese markets, says Wellard chief executive officer, Mauro Balzarini.
China's Fulida Group investment in Wellard demonstrates its consistent interest in the live cattle export trade, particularly opportunities in selling Australian cattle to Chinese markets, says Wellard chief executive officer, Mauro Balzarini.

A Chinese partner with Perth-based livestock exporter, Wellard, is to become a 16.58 per cent shareholder in the troubled business after a deal with the company’s founder Mauro Balzarini.

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