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Scales sells off coldstore business as part of strategy reset

How much did Scales net for the deal and where will it spend this?

Calida Smylie
Thu, 10 May 2018

Scales Corporation is selling its cold storage businesses to global chain Emergent Cold for $151.4 million, subject to Overseas Investment Office approval.

The agribusiness company will sell Polarcold Stores and Whakatu Coldstores (which were merged in January under the Polarcold brand) to

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Calida Smylie
Thu, 10 May 2018
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Scales sells off coldstore business as part of strategy reset
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