Member log in

david paquale

Agria shopped around before settling on PGW

Agria Corporation, the new cornerstone shareholder in farm service and supply company PGG Wrightson, considered investment in other New Zealand companies before cementing a deal on Friday.

Beijing-based PricewaterhouseCoopers (PWC) associate director John Layburn said Agria had been involved in discussions with a number of companies over the last two years – essentially since it listed on the New York Stock Exchange in November 2007.

“PGW is the one we chose,” he said.

He refused to say which other companies were considered.