Spring Sheep chief executive, Scottie Chapman, said that after several years of developing a milk supply model and product range, the business is positioned for growth as it ramps up its nutritional and infant formula sales.
“We are now at a point that our milk supply will scale quickly over the next few years. There is growing interest in our sheep milk products, particularly in Asia,” Chapman said.
“We would like to partner with a global or regional dairy player who can assist us to realise this exciting future market opportunity.”
Spring Sheep has appointed DG Advisory Limited to assist in the process, which is expected to take several months.
Spring Sheep is a 50/50 joint venture between Pāmu (Landcorp, a stateowned enterprise), and SLC Ventures L.P. (a private investment fund).