The Visy plant site. Photo / SuppliedRecently-sold Augusta Capital has struck a $178.3 million deal to buy a Penrose manufacturing and distribution plant leased back to the previous owners on a 20-year term. Mark Francis - managing director of Augusta now delisted from the NZX and owned by ASX-listed Centuria Capital - announced the deal to buy the Visy Glass plant which that business will lease for the next two decades. The Visy property has plant and equipment, raw material storage, hardstand improvements and warehousing on the 8.5ha site. Mark Francis of Augusta Capital.

Source: New Zealand Herald October 22, 2020 01:37 UTC