Big Chill founder emerges as Moa backer

Wed, 08 Apr 2020

Big Chill founder Colin Neal has emerged as the new cornerstone investor in Moa Group, taking a 17.4 percent stake in a $2.5 million placement. Neal will also participate in a rights issue, taking up his full amount and offering to make up any shortfall. Since selling his stake in chilled goods transport firm Big Chill, he’s also bought a 19.8 percent stake in Mercer Group, the NZX-listed stainless steel manufacturer and automated food processing systems business.

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