Genetics Australia is proposing a joint venture with the URUS Group, a global leader in cattle genetics.
The JV with URUS is being proposed for several key reasons, including:
- To ensure the long-term sustainability and financial viability of GAC;
- To enable the business to provide both our Members and the broader Dairy & Beef industries with world leading products, technologies and services;
- To provide staff with the opportunity to grow and expand their knowledge in our industry; and
- To continue the focus of supporting genetic enhancement of the Australian Dairy and Beef herds.
In proposing this JV the Genetics Australia Board has been focused on several key areas, namely:
- Ensuring the assets that the GAC has built up over many years are protected;
- Ensuring the business is sustainable for the long term and can provide appropriate returns on the GAC’s asset base;
- Ensuring the goodwill developed in the Genetics Australia brand remains;
- Ensuring the business can continue to provide the highest quality of products and services to Members and Australian farmers along with providing access to Australian genetics for our international customers.
The formal voting document has been sent in the mail, if this information has not arrived by the 15th of April, please contact voting@genaust.com.au
Member meetings and information sessions have been arranged where members will be able to meet with both GAC and URUS Group representatives.
MEMBER MEETINGS – ONLINE
FRIDAY 14TH APRIL – 3.00PM (AEST)
CLICK HERE FOR ZOOM LINK