Canadian investment company PSP signs record deal for Bundaberg macadamia orchards
Canadian investment company PSP has struck one of the largest ever deals in Australia’s macadamia industry. It has bought most of the assets of family owned, Bundaberg-based grower and producer Macadamias Australia. It is understood that PSP, through its local agribusiness venture Stahmann Webster, paid more than $100 million for more than 1000 hectares of planted orchards and vacant
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