A MyFarm fund called Korokipo Apple Limited Partnership had last month applied to liquidate the business.
The Australian market will take record numbers of New Zealand fruit this season, to help it shore up demand amidst tight supply.
Crasborn Fresh Harvest went into liquidation in July, owing IRD more than $19m.
Duxton Farms says it has not been told of any reason why the transaction will not go ahead.
However, MPI’s chief science adviser says he’s ‘very confident’ risks will be managed.
Tight gas supplies an ongoing issue for local fertiliser production.
Genesis Nurseries is a major supplier of fruit trees and has applied to liquidate Prunus, which manages 132 hectares of cherry orchards in Central Otago.
Freshco’s CEO describes the deal as a very positive transaction for Hawke’s Bay’s horticulture industry at an important time.
The family behind a growing portfolio of wine brands hopes its latest moves signal confidence in the sector.
Ora Pharm is taking legal action against a claim by importer Nubu that Helius Therapeutics is no longer producing medicines.