Scales sells off coldstore business as part of strategy reset
How much did Scales net for the deal and where will it spend this?
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Hawke’s Bay
Scales Corporation is selling its cold storage businesses to global chain Emergent Cold for $151.4 million, subject to Overseas Investment Office approval.
The agribusiness company will sell Polarcold Stores and Whakatu Coldstores (which were merged in January under the Polarcold brand) to
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Calida Smylie
Thu, 10 May 2018
Thu, 10 May 2018
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Scales sells off coldstore business as part of strategy reset
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