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Hot Topic Hawke’s Bay
General Business
2 mins to read
8

Cavalier pulls in $24m deal for Auckland plant

David Henry is a director of the plant’s proposed buyer.

Hamish McNicol Wed, 02 Sep 2020

NZX-listed carpet manufacturer Cavalier Corporation has found a buyer for its Auckland manufacturing facility in a deal worth $24 million.

The company in June listed its three large industrial properties in South Auckland, Napier, and Whanganui for sale on a leaseback basis to free up capital as

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Hamish McNicol Wed, 02 Sep 2020
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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