Craigmore spends $32M to expand Kerikeri kiwifruit crop by 'more than a third'

Mon, 22 Jul 2019

By Pattrick Smellie July 22 (BusinessDesk) - The kiwifruit crop in Northland's Kerikeri area will increase by "more than a third" following Overseas Investment Office permission for agriculture investor Craigmore Sustainables to spend $32 million developing some 137 hectares of horticultural land and offering 29 new jobs. Craigmore raises its investment capital offshore but is run by New Zealanders. It was founded by farmer businesspeople Mark Cox and Forbes Elworthy, the son of Sir Peter Elworthy, one of the leading agricultural lobbyist...

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