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A fresh product company T & G Global based on New Zealand said he went on sale with the main shareholder to download his share.
The German Conglomate Baywa has 73% of the company, which cultivated and supplying local and international fruits and vegetables.
T & G Global New Zealand Exchange and Friday (July 11), the company was announced in the market.
After the first document was announced in December in December, the group “received a lot of interest in his case,” he said. Baywa, including building materials and renewable energy, ended in 2024 with a loss of 1.6bn ($ 1.86 billion) in 2024.
“At this time, T & G Global did not say that Baywa made a decision on his shareholding in T & G Global,” he said.
“T & G Global itself is going through a process to review strategic choices. This is expedient to share any form of any unit for its division to determine if there is a potential stage in the future.”
The group said Craigs hired investment partners and “update the market accordingly,” he said.
After seven hours, T & G Global made another update. “T & G Global has the opportunity to review Baywan’s consolidated financial report in 2024. It is noted that Baywa’s traditional basis and other enterprises, as well as other enterprises, other enterprises, were sold,” he said.
Baywa, this He said in December This was confirmed in the report, which was published last Wednesday, while selling a share in T & G Global, was looking for a buyer. “For general strategic reasons, Baywa Group is trying to strive for a refusal for the traditional main work.” Income will be used to pay debt.
With reference to non-disclosed sources, Australian financial review ROC partners in the Australian agricultural sector expressed interest in T & G Global.
ROC partners have investments through the Almond of the stone balloon in Wagyu beef, eggs and almonds, PACE Farm and Lacheli River Almond.
T & G Global operates in 13 countries and distributes fresh products in more than 55 markets.
The company supplies various vegetables for citrus, berries, tomatoes and partners.
Its brands include Lotato, Beekist Tomatoes and Orchard Rd.
In 2024, the Group NZ 1.36 billion (809.5 million) and 2023 has increased by 2.2%.
