date:Nov 19, 2013
Select Harvest produces private label products and consumer brands including Lucky, Sonsol, Soland, Nuvit, Renshaw and Allinga Farms and while 275 hectares of the land contains mature orchards, it also has the soils and capacity for new plantings.
The purchase price for the land and orchards is $11.9 million, and there's the potential for Select Harvests to double the planted acres.
Select Harvests will also acquire the 2014 harvest, expected to be between 800 and 900 metric tonnes.
Paul Thom