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General Business
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Whakatāne Mill saved by European consortium

Irish Rich Lister leads a deal to buy the packaging mill and invest in its future.

Maria Slade Mon, 31 May 2021

A consortium led by wealthy English/Irish paper and packaging businessman Dermot Smurfit will purchase Whakatāne’s threatened packaging mill, saving it from closure.

The eleventh-hour sale to the consortium of European and New Zealand investors comes two months after the mill’s current

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