The Chilterra Chile dairy Syndicate turns cold for the New Zealand investors

Several New Zealand dairy farmers and investors stand to lose millions of dollars following the collapse of one of Chile’s largest dairy businesses. Around 18 New Zealand dairy and kiwifruit farmers and investors – from New Zealand and Chile – poured over US$50 million into Chilterra since its formation in 2006. Late last year, the company went into “judicial reorganisation” owing US$60m to a consortium of banks. Chilterra owns 7,200ha of farmland, has nine milking parlours and…

The model that led Chilterra to be the third-largest milk producer in Chile

The productivity concept appears frequently in the dialogue with Ricardo Ríos. This civil engineer in computer science, who graduated from Santa María University, knows very well what he is talking about. He started in 1992 with the purchase of 200 hectares of the Santa Laura Farm in Paillaco and today his company, hand in hand using the New Zealand production model, stands as the third most important dairy producer at the national level. With hard work and with the support of his wife Sandra Grob, a woman…
Real Estate and Investment News from South America
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on Pinterest