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BRIEF-Costa Group announces agreement for acquisition of Avocado Ridge
December 2, 2016 / 4:01 AM / a year ago

BRIEF-Costa Group announces agreement for acquisition of Avocado Ridge

Dec 2 (Reuters) - Costa Group Holdings Ltd

* acquisition of Avocado Ridge

* signed an agreement for acquisition of Avocado Ridge orchards and packing operations from carney family.

* acquisition price has not been disclosed

* transaction is expected to be earnings per share accretive from first full financial year.

* Acquisition is expected be completed in January 2017

* “Carney family will remain with business to perform key management and operational roles” Source text for Eikon: Further company coverage:

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