New Zealand topfruit grower and marketer Turners & Growers (T&G) is set to acquire the remaining shares of a major orcharding operation at Riwaka, near Nelson, according to website Scoop.
The company revealed no purchase price or other information related to its existing joint venture with Inglis Horticulture, but it did state that the orchards were “world class and an important part of the group operations'.
T&G, which owns the Enza apple and pear brand, said that the purchase would help to accelerate its expansion plans, with the orchard expected to cover some 300ha.
Byron and Richard Inglis have been converting the former hop gardens and orchard since 2005, with 400,000 dwarf plantings of Jazz, Kiku, Royal Gala, Braeburn and Granny Smith apple varieties, according to the Enza website.
T&G chairman Tony Gibbs also announced the appointment of Anthony Eisen, a director of Guinness Peat Group, to the T&G board.
“Anthony is an experienced director, and is an executive director of Guinness Peat Group (Australia) Pty Limited,' he said. 'He has a very strong analytical background, with considerable experience in the financial services industry.'
No comments yet