Ceres Environmental’s local unit interested in buying Mainzeal from receivers

Fri, 08 Feb 2013

Feb. 8 (BusinessDesk) – CeresNZ, the Christchurch-based unit of American firm Ceres Environmental Services, says it has a “strong interest” in buying Mainzeal Property and Construction from the receivers. CeresNZ plans to have preliminary talks with the receivers, betting that the rebuild of Christchurch provides a role for the “highly skilled people within Mainzeal,” according to a statement posted on the Scoop website. Mainzeal, part of Richard Yan’s Richina group, was placed in receivership this week after failing to make payments on its...

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