Company type | State owned enterprise |
---|---|
Founded | 1991 |
Headquarters | Whanganui New Zealand |
Key people | Terry Murdoch (Chair) William McCook (CEO) |
Products | pest control products |
Website | www |
Animal Control Products Limited is a state-owned enterprise of the New Zealand government. Its main business is the manufacture and sale of pest management products.
The business originally started in the 1950s by the (then) Ministry of Agriculture and the New Zealand Forest Service. It imported, processed and distributed toxins used to control a range of pests including rabbits, wallabies, possums and rooks. In 1991, the company was established as a Crown-owned company under its own legislation [1] and became a state-owned enterprise in 2005. [2]
It operates under the State–Owned Enterprises Act 1986. [3]
Animal Control Products operates one manufacturing plant in Whanganui in the lower North Island. In addition to direct sales to government agencies such as the Department of Conservation, to professional pest control operators and to regional councils, it also sells its products in over 150 outlets throughout New Zealand.
A state-owned enterprise (SOE) is a government entity which is established or nationalised by a national or provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price, implement government policies, and/or to deliver products & services to the remote locations of the country. The national government or provincial government has majority ownership over these state owned enterprises. These state owned enterprises are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals and developmental objectives. SOEs are government entities established to pursue financial objectives and developmental goals.
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