T&G Global in Talks to Sell Fresh Produce Units in New Zealand, Fiji, and Pacific Regions
T&G Global is in advanced discussions to sell its fresh produce operations in New Zealand, Fiji, and the Pacific, focusing on its core apple and venture-led fruit businesses. The Turner family and Bidfood are potential buyers for the respective units, with financial terms undisclosed. The move aims to maximize growth and shareholder value by concentrating on scalable intellectual property.
Topics: Corporate Restructuring Fresh Produce Industry Mergers and Acquisitions Strategic Growth