NZB Enter Standardbred Market

Media Release - Thursday June 14

New Zealand Bloodstock announced today their plans for a major move into the standardbred market where they will offer a full complement of their leading auction sales and ancillary services.

It's a significant development that will see the New Zealand Standardbred industry benefit from NZB's existing business capabilities, world-renowned brand and top-class services.

"Over the last several months we have had numerous leading industry players suggesting and encouraging us to enter the Standardbred industry," commented NZB Managing Director Andrew Seabrook.

"It's a big challenge and may take a little time, but I truly believe we can help take this industry to another level. The staff and I are really excited about being able to better service this market."

NZB Standardbred will be run as a division of New Zealand Bloodstock and plans to deliver a comprehensive sales calendar, diverse range of complimentary services and market-leading promotional activity.

Standardbred vendors and buyers can expect to see a number of enhancements under the NZB umbrella including access to a range of already existing bloodstock, finance, airfreight and insurance services, along with increased promotion to domestic and international markets.

In a welcomed move for the New Zealand Standardbred industry, Harness Racing New Zealand Chairman and Canterbury breeder Ken Spicer commented "New players entering the harness racing industry can only be beneficial."

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"New Zealand Bloodstock has a wealth of experience and a worldwide reputation as a leading bloodstock company. Their experience with other arms of their business, such as insurance, airfreight and finance, can only be of additional value.

"I applaud their decision to spread their wings and enter the Standardbred industry."

The first standardbred sale to take place under the NZB Standardbred banner will be the 2019 New Zealand National Standardbred Yearling Sales in February with sale sessions to be held at both Christchurch and Karaka.

To follow NZB's development into the Standardbred industry, keep up to date with all news by followingNZB Standardbred'sfacebook page hereandtwitter page here.

For more information contact us on +64 9 298 0055, reception@nzb.co.nz, or visit us online atwww.nzb.co.nz.

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