CGC costa group holdings limited
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News: CGC Costa Group announces agreement for acquisition of Avocado Ridge

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    02/12/16
    14:58
    Post #: 21064466

    Dec 2 (Reuters) - Costa Group Holdings Ltd (CGC)

    • acquisition of Avocado Ridge
    • signed an agreement for acquisition of Avocado Ridge orchards and packing operations from carney family.
    • acquisition price has not been disclosed
    • transaction is expected to be earnings per share accretive from first full financial year.
    • Acquisition is expected be completed in January 2017
    • "Carney family will remain with business to perform key management and operational roles"
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