Nutrano Produce Group purchase Nangiloc Colignan Farms

Local founder and team members stay on

Nutrano Produce Group purchase Nangiloc Colignan Farms

Nutrano Produce Group Limited have entered a contract to purchase Nangiloc Colignan Farms.

 

The premium 700 hectare citrus farm has expanded Nutrano's existing operations in Sunraysia - and now adds to Nutrano's fresh produce farming and marketing mix.

 

NCF has been one of Australia's largest privately-owned producers of grapes and citrus fruits.

 

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Approximately 95% of Nangiloc Colignan Farms table grapes are exported to customers in Indonesia, the Philippines, Singapore, Hong Kong, Malaysia, New Zealand and China.

 

The price of the buy has not yet been revealed.

 

The founder of NCF Mr Bruno Moras and the NCF staff will remain with the business after the acquisition as a part of the terms of the purchase.

 

The locals will continue to work with local Nutrano management and ensure a successful transition of farming operations.

 

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