What did New Zealand Rural Land Company Limited announce?
New Zealand Rural Land Company Limited (NZX: NZL) filed “Sale of Hawke’s Bay Orchards Unconditional” with NZX on 3 November 2026, as a m&a announcement.
From the announcement:“New Zealand Rural Land Company Limited (NZX: NZL) advises that the agreement entered into by New Zealand Rural Land Investments Limited Partnership (NZRLI LP), which is 75% owned by NZL, to sell its five Hawke’s Bay orchards to a partnership managed by Craigmore Sustainables for $18.84 million became unconditional today.”
- Which company?
- New Zealand Rural Land Company Limited (NZX: NZL)
- When was it filed?
- 3 November 2026
- Where is the original?
- NZX announcement
Sale of Hawke’s Bay Orchards Unconditional
NZX Announcement
3 November 2026
Sale of Hawke’s Bay Orchards Unconditional
New Zealand Rural Land Company Limited (NZX: NZL) advises that the agreement entered
into by New Zealand Rural Land Investments Limited Partnership (NZRLI LP), which is 75%
owned by NZL, to sell its five Hawke’s Bay orchards to a partnership managed by Craigmore
Sustainables for $18.84 million became unconditional today.
Settlement is expected to occur within five working days with net proceeds initially used to
repay bank debt.
NZL’s FY26 earnings guidance remains suspended until it has more complete information on
the financial impact of the external administration of entities associated with Kiwi Crunch.
Rob Campbell
Independent Chair
For further information please contact:
Richard Milsom
Mobile: 021 274 2476
Email: richard@nzrlm.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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