Envirowaste's HK buyer keen on more New Zealand assets

Tue, 15 Jan 2013

Jan. 16 (BusinessDesk) – Billionaire Li Ka-shing’s Cheung Kong Infrastructure Holdings (CKI) is describing New Zealand as a core investment destination after it beefed up its presence with $501 million purchase of EnviroWaste. The biggest user of waste material by mass in Hong Kong is looking to leverage its expertise in materials handling as it expands into waste management, while collecting a steady income from EnviroWaste. “The operations will be able to share their expertise, and explore opportunities of synergy,” managing director Kam Hi...

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