NZ Super Fund takes 27% stake in fruit & vege firm NZ Gourmet to aid expansion

Fri, 29 Jun 2018

By Rebecca Howard June 29 (BusinessDesk) - The New Zealand Superannuation Fund has taken a 27 percent stake in international fresh fruit and vegetable grower and marketer NZ Gourmet for an undisclosed price. “Our decision to invest in NZ Gourmet, and our confidence in its long-term prospects, is backed by growing global demand for fresh fruit and vegetables and an increasing focus by consumers on health and wellness," said NZ Super Fund acting chief investment officer Mark Fennell in a statement. The NZ Super Fund is a government sav...

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