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Hot Topic Budget 25
Hot Topic Budget 25
Investment
2 mins to read

Scales inks $34m deal for apple orchards

The NZX-listed horticulture company has entered an agreement with Craigmore Sustainables.

The inked agreement follows a purchase of assets of Bostock Group earlier this year.

Kate McVicar Tue, 16 Jul 2024

Scales has entered an agreement to sell two of its Mr Apple apple orchards for a combined total of $34 million. 

The two orchards, which Scales proposed to sell earlier this year, will be purchased by a fund managed by Craigmore Sustainables and have a combined planted area of 186 hectares. 

Scales

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Kate McVicar Tue, 16 Jul 2024
Contact the Writer: kate@nbr.co.nz
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Scales inks $34m deal for apple orchards
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