Iwi collective beats out foreign bidders to buy 100ha of Te Puke kiwifruit orchards

Tue, 26 Jun 2018

By Paul McBeth June 27 (BusinessDesk) - Three North Island iwi have pooled their resources to buy three kiwifruit orchards in Te Puke for an undisclosed sum in a tender that was pitched to foreign buyers. Rotorua-based Te Arawa Group Holdings and Rotoma No 1 Inc teamed up with Whakatane-based Ngāti Awa Group Holdings to buy the Te Matai, Pacific Gold and Coachman orchards, spanning 98 canopy hectares and expected to produce 1.3 million trays of SunGold G3 and Hayward kiwifruit in roughly equal percentages, or about 0.9 percent of Zespri G...

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