New owners of Tasman Farms

Report: Eliza Wood
A New Zealand council has paid almost $48 million for a group of dairy farms in north-west Tasmania.The New Plymouth District Council now has a 74 per cent stake in Tasman Farms Limited, which owns Van Diemen's Land Company, a Royal Charter company founded in 1825.Tasman Farms general manager Colin Glass says while the settlement only came through yesterday, major changes to the twenty-three dairy farms and one beef and sheep farm are unlikely."We're going through a process, a transition process from the old boards of both Tasman Farms and the Van Diemen's Land Company to the new boards and those changes will unfold over the next week or so. So what changes and strategy emanate from that really do remain to be seen. But by and large it is business as usual for the operations in Tasmania," he said.
In this report: Colin Glass, general manager Tasman Farms