AU: Seeka To Acquire Australian Produce Business Bunbartha Fruit Packers
Seeka Kiwifruit Industries Limited (“Seeka”) today announced that it has entered into an agreement to acquire the kiwifruit and orcharding business and assets of Australian company Bunbartha Fruit Packers Pty Ltd (“BFP”) and its associated entities for a purchase price of AUD$22 million. Once completed this acquisition will make Seeka the largest kiwifruit grower in Australia, building on its position as New Zealand’s largest kiwifruit grower. Vendors, Jamie Craig and John Karl will be contracted to remain involved with the business on an on-going basis to ensure its success. …