Batlow Apples sells 63% of shares to Ausfarm Fresh
Thursday’s decision came after board members unanimously voted to accept the industry heavyweight’s proposal.
Chairman of Batlow Apples John Robson said the tough decision came after years of uncertainty.
“This is an historic moment in the history of Batlow Apples,” Mr Robson said.
“The acceptance of this proposal will mean that one of Australia’s most iconic food brands will have a financially viable future.
“The fact that members have voted unanimously in favour of this proposal demonstrates a tremendous vote of confidence in the future of Batlow Apples.”
source: easternriverinachronicle.com.au
