N.Z. Marine approval
PA Wellington The Commerce Commission has approved the 20.6 per cent shareholding in New Zealand Marine Farms, Ltd, by Fletcher Fishing, Ltd. The arrangement, entered into by the companies earlier this year, gives N.Z. Marine Farms access to overseas salmon markets through a Fletcher Fishing joint-venture partner, Nichimo Company, of Japan. In turn, Fletcher Fishing gains access to supplies of fresh salmon grown at N.Z.’ Marine Farms in the Marlborough Sounds.
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Press, 24 April 1986, Page 26
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74N.Z. Marine approval Press, 24 April 1986, Page 26
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