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Bloodstock firm defends move

Wellington

If Wrightson Bloodstock did not move its yearling sales from Trentham to Auckland, another company would do it and split the industry, said Wrightson’s general manager, Mr Michael Floyd.

The successful sales this year had reinforced the company’s decision to move north, he said.

Of the 421 yearlings sold, 301 had come from north of Taupo and fetched $26.8 million. Horses south of Taupo fetched $5.4 million and 13 South Island horses sold for $600,000.

The cost of establishing a facility was round $lO million and the company

was negotiating for the purchase of land in South Auckland, he said. Mr Floyd said some South Island breeders had already started making plans to take their horses north. South Island breeder, Mr Brian Anderton, of Wingatui, had said that he would be happy to fly his horses to Auckland.

The recent Breeders’ Council meeting had also given a majority vote to the shift, he said. The member of Parliament for Heretaunga, Mr Bill Jeffries, said this week the Australian Corporation, Elders, was interested in starting a sale at Trentham.

He said yesterday Wrightson had failed to

publicly justify the decision for the shift His sources had told him that Elders would be interested in filling the vacuum. However, the ideal situation would be the retention of the Trentham sales by Wrightson, and he would push for this. The Mayor of Upper Hutt, Mr Rex Kirton, said that. many breeders wanted the sales to remain at Trentham. If Wrightson “tossed away” its association with the Wellington region, the council would welcome any new group and give it the support it wanted. Mr*Kirton said Wrightson might try to block a rival sale by holding on to -

its facilities, which are on leased racing club land. Responding to this statement, Mr Floyd said that negotiations were taking place between the company and the racing club on the future of the buildings. Wrightson was still investigating various options.

An Elders spokesman, Mr David Percival, said that his company had not made any statement to Mr Jeffries about the sale. The company was active in bloodstock sales in Queensland, but had no short-term plans to take over the Trentham sales.

However, if Wrightson left a part of the country unserviced, Elders 'may move in to fill the gap. !

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19860130.2.106.7

Bibliographic details
Ngā taipitopito pukapuka

Press, 30 January 1986, Page 26

Word count
Tapeke kupu
387

Bloodstock firm defends move Press, 30 January 1986, Page 26

Bloodstock firm defends move Press, 30 January 1986, Page 26

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