Australia's Linx Cargo Care to buy wood processor Pedersen Group

Mon, 23 Jul 2018

By Sophie Boot July 24 (BusinessDesk) - Sydney-based Linx Cargo Care Group is planning to buy wood processor Pedersen Group for an undisclosed amount. The two have entered into a conditional purchase agreement and expect the deal to be completed in mid-August, Linx said in a statement. Rotorua-based Pedersen, owned by private equity firm Maui Capital, services the Kinleith and Kawerau mills in New Zealand, Norske Skog's pulp mill in New South Wales, the Maryvale paper mill in Melbourne and the Vanua Levu chip plant in Fiji. The compani...

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