Hellaby, sees earnings growth in rejigged investment portfolio

Thu, 24 Oct 2013

Oct. 24 (BusinessDesk) - Hellaby Holdings, the conglomerate with interests ranging from footwear to oil and gas services, is still hungry for acquisitions after making two new investments this year, and sees future earnings growth in its rejigged portfolio. Chief executive John Williamson told shareholders at today’s annual meeting in Auckland that the company kicked off a reshaping of its investment portfolio in 2013 with the purchase of a controlling stake in Contract Services, an oil and gas sector provider, and distributor Federal Batter...

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