Philip Morris CEO Calantzopoulos buys Northland sheep and beef farm

Fri, 30 Jun 2017

By Pattrick Smellie June 30 (BusinessDesk) - The chief executive of global cigarette company Philip Morris, Andreas Calantzopoulos, has been granted Overseas Investment Office permission to buy a 316-hectare beef and cattle farm in Waipapa, Northland. The property is on Pungaere Road, which runs between Kerikeri and the Puketi Forest, placing it well within the electorate of the local MP and New Zealand First leader, Winston Peters, both an ardent critic of land sales to foreign buyers and for many years an ardent tobacco consumer. The...

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