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Goodman Fielder To Sell Champion Milling For $42m
date:Dec 11, 2012
Goodman Fielder announced that it has entered into an agreement to sell its Champion flour milling business in New Zealand to Nisshin Flour Milling Inc. and its parent, Nisshin Seifun Group Inc. for NZ$51 million (excluding net cash proceeds of NZ Milling receivables and payables).

The transaction is expected to be completed in February 2013, subject to the satisfaction of conditions.

Goodman Fielder Chief Executive Officer, Chris Delaney, said the transaction was consistent with the companys

12/23 21:14