Zespri says Gold3 licensing tender to generated as much as $195M in 2018

Mon, 16 Apr 2018

By Rebecca Howard April 16 (BusinessDesk) - Zespri Group said corporate revenue from the 2018 allocation of the Gold3 license release will be $190 million to $195 million, or around $253,000-to-$260,000 per hectare, a figure that is up on the prior year. The range is the combined revenue estimate resulting from 700 hectares of Gold3 licence, and 50 hectares of Gold3 Organic new development licence, both released under a closed tender bid mechanism, New Zealand's statutory kiwifruit exporter said in a release. The validation process for a...

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