Australian company Spotless Group will trade on the NZSX as a dual listed company from Monday after taking over dry cleaning company Taylors Group."The Spotless board has decided to pursue a dual listing and quotation of Spotless' ordinary shares on
Australian company Spotless Group will trade on the NZSX as a dual listed company from Monday after taking over dry cleaning company Taylors Group.
"The Spotless board has decided to pursue a dual listing and quotation of Spotless' ordinary shares on the NZSX as a demonstration of Spotless' long-term commitment to New Zealand," chairman Peter Smedley said.
The company's shares will continue to be quoted on ASX.
The company's major food service contracts include Eden Park in Auckland, the Westpac Trust Stadium in Wellington and AMI Stadium in Christchurch, Auckland and Dunedin airports, and Auckland Zoo.
It has 2068 cleaning contracts at 2737 sites. It also has 2068 laundry contracts and major clients include Air New Zealand, SkyCity, health boards and hotel groups.
The company is the seventh largest employer in New Zealand.
