Scales Corporation Limited (SCLZF)

Profile

https://scalescorporation.co.nz

Scales Corporation Limited is a diversified agribusiness company headquartered in Christchurch, New Zealand, with origins tracing back to 1897 as a shipping venture founded by George H. Scales to support sheep farmers. It operates across key divisions including Global Proteins, Horticulture, and Logistics, generating the majority of its revenue from processing and marketing proteins such as pet food ingredients, edible meat, and offal products, primarily in North America, with additional contributions from Asia, New Zealand, and Europe. The Horticulture division focuses on apple growing and exports, while Logistics provides storage, transportation, and related services, including insurance for group companies. Employing over 500 staff, Scales Corporation Limited plays a vital role in New Zealand's agribusiness sector by integrating production, processing, and supply chain solutions, ensuring efficient distribution of perishable goods globally. Its defensive stock classification in the packaged foods industry underscores its stability amid agricultural market fluctuations, supported by strategic expansions like Australian joint ventures.