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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
1 mins to read

Sanford sells crayfish quota

Proceeds to be reinvested in other Sanford businesses.

NBR staff
Fri, 29 Apr 2022

Fishing company Sanford has sold its southern crayfish quota to a consortium of investor and fishing interests for $49.3 million.

In a statement to the NZX, Sanford chief executive Peter Reidie said the quota did not offer a good return on investment and proceeds from the sale would be

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NBR staff
Fri, 29 Apr 2022
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Sanford sells crayfish quota
Investment,
92211
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