Booster KiwiSaver fund puts $10m into hort business

Avo booster: KiwiSaver bets on horticulture (Image: Supplied)

Wed, 11 Aug 2021

Booster’s Tahi Investments has paid more than $10 million for a 42% stake in family-owned Darling Group, a Bay of Plenty-based fresh produce exporter.The KiwiSaver scheme’s investment arm, which has previously taken stakes in wine producers Awatere River Wine Co, Waimea Estates and Sileni Estates, purchased 1.09 million shares in the Katikati-based group in June, the company announced today.Darling Group was established by Andrew Darling in 2016 and includes New Zealand’s third largest avocado export business, Just Avocados, B...

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