Announcement
ASSET: PGW: Christchurch hort supplier comes into PGG Wrightson-Fruitfe
10:10am
PGW
30/04/2007
ASSET
REL: 1010 HRS PGG Wrightson Limited
ASSET: PGW: Christchurch hort supplier comes into PGG Wrightson-Fruitfe
Christchurch hort supplier comes into PGG Wrightson-Fruitfed Supplies fold
Specialist horticultural supplier Shepherds' AgHort Supplies will become part
of Fruitfed Supplies, the national horticultural business of PGG Wrightson
Limited.
A privately-owned enterprise, Shepherds' AgHort Supplies has been highly
regarded in the Canterbury region during its 18 years of operation.
Murray Ross, Fruitfed Supplies' general manager, says he is delighted that
the purchase of Shepherds' AgHort Supplies, which takes place on 1 May 2007,
has worked out to the benefit of all involved.
The opportunity arose for Lawson & Phillipa Shepherd to sell the business,
however in doing so it was important that any prospective purchaser was able
to demonstrate a high level of focus and commitment to the continuation of
high standards of service for their clients and the horticultural market
generally," says Ross.
"Fruitfed Supplies is equally committed to providing top quality client
service and has been keen to strengthen its position in the vegetable market,
an important aspect of Shepherds' business. Overall there were significant
synergies in combining the two operations through this purchase."
Operating under the Fruitfed Supplies banner, the new business will be
situated at Shepherds' AgHort Supplies site at 100 Carmen Road, Hornby,
Christchurch, with Fruitfed Supplies Christchurch vacating its Waterloo Road
location during May or June this year.
"From a staffing perspective, it's very much business as usual. Lawson
Shepherd will stay with the business in a consultancy capacity while his wife
Phillipa will continue with the business to assist during the transition
process. Cheri Dutton and Stuart Paull have been offered positions with
Fruitfed Supplies and will be a much-valued part of our team in the expanded
operation" says Ross.
Fruitfed Supplies' southern regional manager Peter Mortimer says the purchase
of Shepherds' AgHort Supplies has a good feel about it.
"We have similar values, good staff, offer a comprehensive service and have
strong relationships with our suppliers and clients," says Mortimer. "This
purchase provides us the opportunity to expand and grow our business in
Canterbury and will make our Christchurch branch the second-largest Fruitfed
Supplies operation in the South Island. We are really looking forward to
moving the combined businesses to a new level providing quality products,
solutions and customer services for our existing and potential customers."
ENDS
For more information, please contact:
Murray Ross or Peter Mortimer
General Manager Southern Region Manager
Fruitfed Supplies Fruitfed Supplies
Mobile: 027 483 9767 Mobile: 027 434 4072
End CA:00146899 For:PGW Type:ASSET Time:2007-04-30:10:10:48
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