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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
1 mins to read

Egg farmer sells property after bank covenant breach

Private equity-owned Indus Valley in sale and leaseback deal to pay off debt

Indus Valley unit Zeagold sells eggs under the Farmer Brown and Woodland brands.

NBR Staff Thu, 04 May 2023

Egg farmer Indus Valley, whose Zeagold unit sells under the Farmer Brown and Woodland brands, has entered a sale and leaseback deal on farming property as part of a scheme to pay down debt.

Financial statements filed to the Companies Office show Indus Valley, 72.9% owned by private equity funds

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NBR Staff Thu, 04 May 2023
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Egg farmer sells property after bank covenant breach
General Business,
98888
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