Seeka to sell 9 orchards including 6 recently acquired from T&G Global

Seeka to sell 9 orchards including 6 recently acquired from T&G Global
Jonathan Underhill
By Jonathan Underhill July 10 (BusinessDesk) - Seeka, New Zealand's biggest kiwifruit grower, is putting nine orchards up for sale including six it recently acquired from T&G Global in a deal that targeted T&G's packhouse facilities and assets in Northland. Seeka said it was calling for bids by Aug. 15 for the 288-hectare portfolio in Northland. The company acquired T&G's Kerikeri-based kiwifruit orchards, packhouse facilities and assets for about $40 million, with the second stage of the transaction settling just two weeks ago. "It wa...