Port of Tauranga spends $34M on log marshaling business

Tue, 11 Dec 2012

Dec. 12 (BusinessDesk) - Port of Tauranga, the country's biggest export port, will spend $34 million on Mount Maunganui-based log marshalling and scaling business Quality Marshalling. The deal will take effect from February next year and immediately add to the port's earnings, the company said in a statement. Quality Marshalling had revenue of $18 million in the 2012 year, and is privately owned by local forestry businessman Ken Holmes. "We look forward to working together to growth the company for the benefit of our customers," chief exec...

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