Wisp Hill Station in Owaka Valley. Photo: Shawn McAvinueIngka Group — one of 12 different groups of companies that own Swedish furniture and homeware giant IKEA — has got the green light to buy a 5500ha sheep and beef station in the Catlins for forestry development. Ingka Group owns about 248,000ha of forestry in the United States, Estonia, Latvia, Lithuania and Romania. Between September 2019 and August 2020, Ingka Group planted close to seven million seedlings. Wisp Hill is owned by Southland brothers Leonard and Graham Ward, who have a manager running it.

Source: Otago Daily Times September 15, 2021 21:22 UTC