Brief: Arborgen Holdings Expands Internal Eucalyptus Production In Brazil
09/08/2023 09:23
Aug 9 (Reuters) - Arborgen Holdings Ltd ARB.NZ :
* EXPANDS INTERNAL EUCALYPTUS PRODUCTION IN BRAZIL
* ACQUIRED A EUCALYPTUS SEEDLINGS NURSERY OPERATION IN
BRAZIL
* PURCHASE PRICE OF NZ$5 MILLION
* WILL ASSUME CONTROL OF OPERATIONS ON 2 OCTOBER 2023
* ACQUISITION INCREASES ARBORGEN'S INTERNAL PRODUCTION
CAPACITY TO
ABOUT 80 MILLION SEEDLINGS PER ANNUM
Further company coverage: ARB.NZ
((Reuters.Briefs@thomsonreuters.com;))
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