BREAKING NEWS
One dead in Lindis Pass helicopter crash ... Read more
Close

Ravensdown confirms Australian sale

Last updated 12:11 16/12/2013

Relevant offers

Agribusiness

Deer technology expo coming to Gore Zespri confident that grease on kiwifruit packaging poses no risk The good oil from wilding pines Water comes to Barrhill Chertsey Farmer interest gives Ruataniwha water storage scheme a boost Farm workers' salaries rise but dairy extras are down compared to other sectors Farmers test waters of Wairarapa irrigation scheme New Holden Colorado goes American Dairy products now on sale every day through Fonterra's platform Wine pays homage to Marlborough wine industry pioneer John Marris

Fertiliser co-operative Ravensdown has confirmed the sale of its western Australian operations has gone through as expected as part of its strategy to improve the business.

Ravensdown announced in July it was close to securing the sale.

Its entire western Australian operations, staff, assets and stock have been bought by Macrofertil Australia Pty,  a 100 per cent-owned subsidiary of Louis Dreyfus Commodities.

Financial details of the transaction have not been made public.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content