Seeka completes NZ Fruits amalgamation

Seeka Limited [NZX:SEK] has successfully completed its amalgamation with NZ Fruits Limited [NZ Fruits], with the formal Certificate of Amalgamation from the Companies Office expected shortly.

NZ Fruits will become a wholly owned subsidiary of Seeka, and NZ Fruits shareholders will become shareholders in Seeka.

The integration phase has now begun to align the business processes of NZ Fruits with Seeka and prepare the Gisborne-based business for the 2022 harvest season.

Seeka has thanked the advisers and due diligence teams on behalf of both companies for their successful completion of the transaction.