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NZX To Acquire iFarm Agri Data Business

NZX is pleased to announce the acquisition of iFarm, a leading livestock market information business. The acquisition strengthens NZX Agri’s position as a leading provider of information and data products to a growing number of farmer and corporate subscribers, across New Zealand and globally.

iFarm publishes weekly and monthly reports, combining the latest export data and prices plus a wrap-up from recent stock sales throughout the country. The iFarm business will become part of NZX’s AgriHQ Data business unit.

NZX CEO Tim Bennett commented: “The iFarm business is a great strategic fit with our existing AgriHQ data product set, broadening our data and analytics offering to farmers and corporate subscribers, both nationally and internationally.”

Staff from iFarm will continue to operate the business and provide the same level of product quality and customer service that subscribers have come to expect from iFarm.

The acquisition price is confidential (although it is not material).

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