T&G Global spins off Fresh produce division to Turner family
T&G Global is separating its Fresh produce business in a three-way deal that will return New Zealand operations to the founding Turner family.
T&G Global is disposing of its Fresh produce division through a deal that will spin out the growing, packing and marketing business. The New Zealand operations will return to the Turner family. The chief executive says the move will simplify the company's mission and sharpen its focus on premium branded apples.
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To its core: T&G Global’s life after Fresh
T&G Global's disposal of its fresh produce division will “simplify the mission” and sharpen the company's focus on premium branded apples, its chief executive says. The New Zealand operations of T&G Fresh will return to the founding Turner family in…