Zuellig emerges as potential new bidder for PGG Wrightson
By Paul McBeth
Feb. 25 (BusinessDesk) – Zuellig Group, the owner of local tractor distributor CB Norton Distributers Ltd., has emerged as a potential new bidder for a stake in rural services company PGG Wrightson Ltd.
The Hong Kong-based investment company, which also owns shares in Pharmacybrands Ltd., is keen on boosting its agricultural interests in New Zealand and sees Wrightson as having “strong opportunities to add value,” according to senior group executive Peter Williams.
http://www.scoop.co.nz/stories/BU110...-wrightson.htm