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Cavalier lists manufacturing facilities for sale

The carpet maker said it is testing the market as it attempts to free up capital.

Andrew Bevin Thu, 18 Jun 2020

NZX-listed carpet manufacturer Cavalier Corporation has listed its manufacturing facilities for sale on a leaseback basis to free up capital to fund a pivot to natural fibres.

The properties are owned by Cavalier Bremworth, a fully-owned subsidiary of Cavalier Corporation.

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Andrew Bevin Thu, 18 Jun 2020
Contact the Writer: andrew@nbr.co.nz
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Cavalier lists manufacturing facilities for sale
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