Provelco

Provelco is 100% owned by deer velvet producers. The on-going challenge is to balance both short & long term objectives and build producer support.

For the first time in the history of deer farming in New Zealand, the grower has a vehicle to look after their interests in the marketplace. The Provelco Prospectus states that “The Issuer was established to work for New Zealand deer antler velvet producers, providing the opportunity to act collectively and bring about consistent and sustained profitability to the business of growing deer antler velvet. These aims will be achieved by developing a strong organisation that is responsive to producer needs with the best possible sales and marketing options”. Over time we have built good relations with our regular buyers in Korea and China, the addition of Marketing Manager David Kim strengthens these relationships. China is a fast developing market, there are excellent opportunities but there is much work to be done to develop these successfully. The focus on quality as a competitive advantage positions Provelco as an ideal supplier for health product companies and has attracted the attention of Korea Ginseng Corp (KGC). This has been an important development for Provelco and we appreciate the strong relationship we have developed with KGC. This includes a supply contract with a fixed price and fixed payment dates for our growers which is a significant step forward from spot business. We are committed to working with KGC and building this type of structured supply arrangement with customers in other markets. Our vision is of a more integrated industry approach that can improve returns and access opportunities by providing a product that meets the needs of pharmaceutical and health food companies.

04/11/2025

PROVELCO LIMITED – TIME FOR AN UPDATE
Despite another difficult and uncertain season, the farmer owned deer velvet export option continues to perform well.
We have loyal suppliers and our goal is simple – do the very best for them.
Provelco is the gold standard in transparency. With a small team costs are kept low. Every line receives a detailed grading sheet, each season a comprehensive summary of grades, weights, prices and charges is supplied. Each year the Provelco accounts are audited and then sent to our farmer shareholders.
Yes we are interested in new suppliers. If our service is of interest send us a message or call me on 027 280 5586.

Ross M Chambers
General Manager

26/07/2022

Hamish Webb (son of John & Anna Webb) a member of the Tasman Tykes team from North Loburn School that gained 2nd place (out of 21 teams) in the recent AgriKidsNZ grand final held in Whangarei. Well done team and we love the tee-shirt!

10/11/2021

The Numbers Game: here at Provelco Denise has been our expert administrator for 17 years, making sure the numbers are in the right place. Thanks Denise.

03/11/2021

Strong leadership is always important. At Provelco we have a board with an excellent blend of experience and youthful enthusiasm to navigate the challenges faced by a small cooperative in a highly competitive market. From left: Lorna Humm, Colin Guild, Guy Williams, Graeme Sutton (Chair) and Kiri Rupert.

15/04/2021

The 2021 Big Deer Tour stopped off at Provelco this week, a great DINZ initiative and another great group of students. Well done Rob.

06/12/2020

As 2020 comes to a close this beautiful structure is rising in our backyard, our own coldstore, woohoo!

08/06/2020

Wow what a season - here is Barbara from Big Chill delivering the last lot for 2019/20 to Ed. Who would have thought we would be receiving velvet in June?

Address

Christchurch
8042

Telephone

+6433485080

Website

http://www.provelco.co.nz/

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