BUSINESS FUSION.
TWO LARGE ENGLISH FIRMS.
BUYERS OF DAIRY PRODUCE.
Australian and N. 3. Cable Association. CRocd. 5.5 p.m.) LONDON. July 25.
An amalgamation of considerable importance to tho dairy produce trade is announced, the Home and Colonial Stores Limited having acquired a substantial interest in the Maypole Dairy Company. The details have not been disclosgd, but the Home and Colonial Stored are issuing £250,000 worth of new £1 shares at 50 per cent. It is understood that the primary object of the fusion of these important multiple-shop companies is the elimination of competition. Both companies are large buyers of Colonial butter and cheese.
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Bibliographic details
New Zealand Herald, Volume LXI, Issue 18772, 28 July 1924, Page 7
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104BUSINESS FUSION. New Zealand Herald, Volume LXI, Issue 18772, 28 July 1924, Page 7
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