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NZ’s biggest free-range egg farm to follow $79m land deal

OIO approves sale and leaseback of 651.7ha by egg farmer Indus Valley.

The buyer plans to fund development of New Zealand's largest free-range egg farm at Huirimu in the Waikato.

Tim Hunter Tue, 01 Aug 2023

The Overseas Investment Office has approved a $78.9 million land sale and leaseback deal by subsidiaries of egg farmer Indus Valley, allowing repayment of bank debts after a breach of covenants.

Details of the transaction were provided in an update from the OIO showing the sale involved nine parcels

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Tim Hunter Tue, 01 Aug 2023
Contact the Writer: thunter@nbr.co.nz
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NZ’s biggest free-range egg farm to follow $79m land deal
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