Australian acquisition helps Wrightson grow seeds business

PGG Wrightson has added to its 75-year-old seeds business in Australia with the acquisition of Keith Seeds.

No price for the transaction, effective November 22, was given in Wrightson's statement to the NZX. South Australia-based Keith Seeds produces pasture and oil seeds, a variety of legumes and even birdseed. It exports to South America, the Middle East, Europe, Asia, and North America.

The purchase "will build on our existing presence in South Australia, and bring further technical and logistical capability that will complement our other operations," said John McKenzie, group GM of Wrightson's AgriTech Division.

The purchase follows Wrightson's acquisition in New Zealand of the Corson Grain maize seed business.

Shares of Wrightson fell 2.1% to 47 cents.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Devon Funds Morning Note - 14 May 2025
Winton Media Release - Ayrburn Film Hub
CEN - CONTACT ENERGY APPOINTS NEW CHIEF FINANCIAL OFFICER
VCT - Vector announces strategic review for its fibre business
May 14th Morning Report
Rua approves debt facility to accelerate sales.
PCT - Precinct FY25 Third Quarter Dividends
MEL - Ampol exits retail electricity, Meridian takes on customers
Deposit scheme reduces risk, boosts trust - General Finance
May 12th Morning Report