15th April 2021 By Staff Reporter | email@example.com | @foodtickernz
Seeka is a step closer to buying kiwifruit rival Ōpōtiki Packing and Coolstorage, with 99.8% of OPAC shareholders voting in favour of the acquisition.
The transaction still had conditions to be achieved, including better than 50% support by Seeka shareholders at the company’s annual shareholder meeting on 16 April, along with banking and grower support.
Seeka said the integration process would start from 4 May once the remaining hurdles were cleared.
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27 Apr 2022 Seeka updates on “challenging” 2022 harvest
4 Feb 2022 Seeka completes NZ Fruit acquisition
10 Dec 2021 Seeka to buy Gisborne business valued at $21m
2 Dec 2021 Seeka guides FY21 profit near $24m